Jefferies analyst Tycho Peterson lowered the firm’s price target on Revvity (RVTY) to $106 from $130 and keeps a Hold rating on the shares. The firm notes Q1 results were solid, while the reiteration of 2025 core growth and EPS was encouraging despite absorbing significant gross tariff headwinds with mitigation efforts that will be complete this quarter. In that context, Jefferies is surprised to see the stock flattish, with the debate from here likely centered on two items: second half of 2025 ramp for adjusted OPM and sustainability of momentum in the Signal software business.
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Read More on RVTY:
- Revvity price target lowered to $135 from $155 at Citi
- Amazon sellers pull away from Prime Day, IBM to invest in U.S.: Morning Buzz
- Morning Movers: Earnings results and macroeconomic data in focus this week
- Revvity reports Q1 adjusted EPS $1.01, consensus 95c
- Revvity backs 2025 adjusted EPS view $4.90-$5.00, consensus $4.94
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