Daniel Brennan, analyst at UBS, reiterates coverage on Thermo Fisher (TMO) in the Healthcare sector with a Buy rating. TipRanks.com has Brennan rated as a 4.5 star analyst with a 18% return on investment and a 77% success rate. Brennan has set a price target of $595.00 .
TipRanks.com reports that TMO currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $586.22 . The target pricing ranges from a high forecast of $626.00 down to a low forecast of $550.00 .
TMO’s last closing price was $540.01 which would put the average price target at 8.56% upside.
In addition, TradingView issued a Strong Buy rating for TMO over the next month.
Remember, securities are volatile, so please do your own research on TMO.
Other analysts covering TMO include:
- Doug Schenkel of Cowen & Co. issued a buy rate with the price target of $560 on July 28th
- Matthew Sykes of Goldman Sachs issued a buy rate with the price target of $600 on July 27th
- Tycho Peterson of J P Morgan issued a buy rate with the price target of $600 on July 27th
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