Mettler-Toledo upgraded to Buy from Hold at Jefferies

Jefferies analyst Tycho Peterson upgraded Mettler-Toledo (MTD) to Buy from Hold with a price target of $1,450, up from $1,400. The company enters 2026 “from a position of strength,” with a track record of executing through tariffs, the analyst tells investors in a research note. The firm views Mettler’s 2026 guidance as “prudent,” and sees upside to estimates in both the near- and mid-term. The shares trade at at 10-year “trough valuation” as Mettler-Toledo’s bioprocess and services units remain underappreciated, contends Jefferies. The firm adds the company exposure to geopolitics and AI disruption are low.