Wells Fargo raised the firm’s price target on Mettler-Toledo (MTD) to $1,200 from $1,125 and keeps an Equal Weight rating on the shares. The firm notes the company is living up to its reputation for operational excellence, as it plans to offset 70%-75% of tariff HWs in 2025 and 100% in 2026. From here, the question is the macro picture and when unit volume growth will pick up, Wells adds.
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