New insider activity at Thermo Fisher ( (TMO) ) has taken place on February 22, 2025.
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Director Nelson Chai recently made a significant investment by purchasing 20 shares of Thermo Fisher stock, amounting to a total value of $11,037. This move highlights confidence in the company’s future performance.
Recent Updates on TMO stock
In the past 24 hours, Thermo Fisher has seen several price target adjustments reflecting the company’s robust financial performance and strategic initiatives. The price target for Thermo Fisher was increased by Scotiabank due to its Q4 results surpassing consensus expectations with growth across all end markets and segments. Similarly, Morgan Stanley raised its price target, emphasizing that the company’s 2025 guidance for organic growth relieved investor concerns amid policy uncertainties. Additionally, the announcement of a 10-year virtual power purchasing agreement with X-ELIO to enhance renewable electricity access has also contributed to the positive sentiment surrounding the stock. Despite certain challenges in the pharma and biotech sectors, Thermo Fisher’s strong Q4 earnings call, which highlighted significant revenue and earnings growth, successful capital deployment, and high-impact innovation, has bolstered confidence in its future prospects.
More about Thermo Fisher
YTD Price Performance: 2.92%
Average Trading Volume: 2,048,745
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $205.7B