UBS Reiterates Buy on Thermo Fisher Scientific (TMO) After Traveling with Management

September 26, 2016 8:08 AM EDT
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UBS reiterated a Buy rating and $176.00 price target on Thermo Fisher Scientific (NYSE: TMO) after traveling with management.

Analyst Jonathan Groberg commented, "We spent the last week with TMO management visiting investors throughout Europe. We came away from the week with increased conviction in our long-standing investment thesis and we continue to think TMO should be a core portfolio holding. In this note we highlight our key takeaways from the trip."

For an analyst ratings summary and ratings history on Thermo Fisher Scientific click here. For more ratings news on Thermo Fisher Scientific click here.

Shares of Thermo Fisher Scientific closed at $157.66 yesterday.

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