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Mettler-Toledo price target raised to $1,400 from $1,200 at Wells Fargo

Wells Fargo analyst Brandon Couillard raised the firm’s price target on Mettler-Toledo (MTD) to $1,400 from $1,200 and keeps an Equal Weight rating on the shares after hosting an investor lunch with the company’s CEO Patrick Kaltenbach and CFO Shawn Vadala on Friday after the Q3 call. While there was some timing benefit to the Q3 beat, Mettler-Toledo continues to execute very well and could benefit from onshoring spend as soon as late-2026.

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