Wells Fargo analyst Brandon Couillard lowered the firm’s price target on Mettler-Toledo (MTD) to $1,350 from $1,400 and keeps an Equal Weight rating on the shares. The firm notes Mettler-Toledo traded lower on weaker-than-expected initial 2025 OP margin and EPS guidance. Not surprisingly, China will be the biggest swing factor for Mettler-Toledo in 2025, Wells adds.
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Read More on MTD:
- Mettler-Toledo Reports Modest Growth in Q3 2024
- Mettler-Toledo price target lowered to $1,315 from $1,330 at Goldman Sachs
- Mettler-Toledo reports Q3 adjusted EPS $10.21, consensus $10.01
- Mettler-Toledo sees Q4 adjusted EPS $11.63-$11.78, consensus $11.86
- Mettler-Toledo sees 2024 adjusted EPS $40.20-$40.50, consensus $40.38