UBS analyst Dan Leonard upgraded Mettler-Toledo (MTD) to Buy from Neutral with a price target of $1,350, down from $1,530. The firm cites the company’s “incremental opportunities” for service sales, “industry leading” pricing power, “beneficial” portfolio exposure, and medium-term tailwind from reshoring for the upgrade. Mettler-Toledo will be able to reaccelerate sales growth toward mid-single-digit in 2026 under “many macro scenarios,” which is underappreciated by the Street at current share levels, the analyst tells investors in a research note.
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