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Thermo Fisher price target lowered to $637 from $651 at RBC Capital

RBC Capital lowered the firm’s price target on Thermo Fisher (TMO) to $637 from $651 and keeps an Outperform rating on the shares. The company lowered guidance to reflect the estimated impact from tariff and policy changes, though this lowers the likelihood of further cuts this year, the analyst tells investors in a research note.

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