Stifel analyst Daniel Arias raised the firm’s price target on Mettler-Toledo (MTD) to $1,600 from $1,450 and keeps a Buy rating on the shares following “another strong quarter” in which the company “handily” beat expectations in a tough environment on both the top and bottom line. Management provided a “solid” 2026 outlook that puts organic growth at 3%, but the firm’s conversation with management “suggests that the typical conservative MTD philosophy is in play,” the analyst tells investors.
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Read More on MTD:
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