Goldman Sachs raised the firm’s price target on Mettler-Toledo (MTD) to $1,355 from $1,300 and keeps a Neutral rating on the shares. The analyst cites the company’s Q4 revenue beat while noting that its “solid” exit rate growth underwrites the “potential conservatism” of the management’s FY25 guidance. Goldman adds however that it is in agreement with the “prudence” given the volatile geopolitical landscape in maintaining its neutral stance.
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Read More on MTD:
- Mettler-Toledo reports Q4 adjusted EPS $12.41, consensus $11.72
- Mettler-Toledo sees Q1 adjusted EPS $7.75-$7.95, consensus $7.82
- Mettler-Toledo raises FY25 EPS view to $42.34-$43 from $41.85-$42.50
- Is MTD a Buy, Before Earnings?
- Mettler-Toledo upgraded to Outperform at Evercore ISI on ‘beat & raise’ set-up
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