Baird lowered the firm’s price target on Thermo Fisher (TMO) to $573 from $603 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results where the company lowered its 2025 revenue and earnings guidance.
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Read More on TMO:
- Thermo Fisher’s Resilience and Strategic Positioning Justify Buy Rating Despite Macroeconomic Challenges
- Thermo Fisher Scientific Reports Strong Q1 2025 Results
- Thermo Fisher Scientific Navigates Strong Q1 Amid Challenges
- Thermo Fisher price target lowered to $610 from $670 at Goldman Sachs
- Thermo Fisher price target lowered to $600 from $625 at Leerink
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