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Mettler-Toledo upgraded to Buy from Neutral at Citi

Citi upgraded Mettler-Toledo (MTD) to Buy from Neutral with an unchanged price target of $1,400. The company is well positioned to absorb incremental costs imposed by the tariffs through increased pricing, the analyst tells investors in a research note. The firm sees the stock’s relative valuation as attractive following the recent pullback given Mettler-Toledo’s minimal academic exposure.

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