Patrick B Donnelly, analyst at Citigroup, reiterates coverage on Thermo Fisher (TMO) in the Healthcare sector with a Buy rating. TipRanks.com has Donnelly rated as a 4.5 star analyst with a 21% return on investment and a 69% success rate. Donnelly has set a price target of $700.00 .
TipRanks.com reports that TMO currently has 15 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $662.47 . The target pricing ranges from a high forecast of $710.00 down to a low forecast of $540.00 .
TMO’s last closing price was $605.00 which would put the average price target at 9.50% upside.
In addition, TradingView issued a Strong buy rating for TMO over the next month.
Remember, securities are volatile, so please do your own research on TMO.
Other analysts covering TMO include:
- Daniel Brennan of Cowen & Co. issued a buy rate with the price target of $696 on October 13th
- Lorenzo Biasio of Credit Suisse issued a buy rate with the price target of $675 on September 29th
- Matthew Sykes of Goldman Sachs issued a buy rate with the price target of $690 in September
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