Bank of America Securities analyst Michael Ryskin maintained a Buy rating on Revvity yesterday and set a price target of $110.00.
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Michael Ryskin has given his Buy rating due to a combination of factors that highlight Revvity’s potential despite recent market reactions. The company’s CFO, Max Krakowiak, provided insights into the 2026 framework, indicating low single-digit organic sales growth and operating margins around 28%. Although these figures are slightly below the sell-side consensus and Bank of America’s estimates, they remain consistent with previous earnings call comments, suggesting stability in Revvity’s core business.
Ryskin acknowledges that the market’s reaction to the 2026 outlook was negative, as shares fell significantly. However, he emphasizes that this is more about increased transparency and clarity rather than a fundamental change in market conditions. Despite the lower expectations for 2026, Ryskin maintains a Buy rating due to Revvity’s solid core business and attractive valuation compared to its peers. The potential for future growth and the company’s strategic positioning support the positive outlook, making it a worthwhile investment opportunity.
RVTY’s price has also changed moderately for the past six months – from $110.390 to $83.360, which is a -24.49% drop .