Thermo Fisher Scientific (TMO) PT Raised to $610 at Deutsche Bank
Deutsche Bank analyst Justin Bowers raised the price target on Thermo Fisher Scientific (NYSE: TMO) to $610.00 (from $600.00) while maintaining a Buy rating.
The analyst comments "Messaging around bioprocessing was concise but positive, as order growth and book-to-bill continue to trend higher. We are increasing our PT to $610 (from $600) based on our increased 2025 EPS. Downside risks: Slowing demand for bioprocessing; inability to backfill C19 business; business interruption due to geopolitical instability or quarantine policies."