Thermo Fisher (TMO) Stock: $685 Target And Overweight Rating

By Amit Chowdhry ● Aug 4, 2022
  • The shares of Thermo Fisher (TMO) recently received a $685 price target from Barclays. These are the details.

The shares of Thermo Fisher (TMO) recently received a $685 price target from Barclays. And Barclays analyst Luke Sergott increased the price target on Thermo Fisher from $630 while maintaining an “Overweight” rating on the shares. 

Sergott adjusted the rating while noting that the company continues to hit home runs with more room to go. Plus Sergott said that the business has plenty of irons in the fire that can offset many macro headwinds and create a very stable growth business.