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Analysts’ Top Healthcare Picks: Mettler-Toledo (MTD), Abbott Laboratories (ABT)

Tipranks - Sat Feb 7, 10:58AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Mettler-Toledo (MTDResearch Report) and Abbott Laboratories (ABTResearch Report) with bullish sentiments.

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Mettler-Toledo (MTD)

Bank of America Securities analyst Michael Ryskin maintained a Buy rating on Mettler-Toledo today. The company’s shares closed last Friday at $1363.81.

According to TipRanks.com, Ryskin is a 4-star analyst with an average return of 4.4% and a 56.2% success rate. Ryskin covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Caris Life Sciences, Inc., and Tempus AI, Inc. Class A. ;'>

Currently, the analyst consensus on Mettler-Toledo is a Moderate Buy with an average price target of $1502.71, an 8.6% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $1550.00 price target.

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Abbott Laboratories (ABT)

TD Cowen analyst Josh Jennings maintained a Buy rating on Abbott Laboratories today and set a price target of $137.00. The company’s shares closed last Friday at $109.88.

According to TipRanks.com, Jennings is a 4-star analyst with an average return of 4.9% and a 49.3% success rate. Jennings covers the Healthcare sector, focusing on stocks such as Anteris Technologies Global Corp., Establishment Labs Holdings, and Orchestra BioMed Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Abbott Laboratories with a $138.76 average price target, implying a 26.0% upside from current levels. In a report issued on January 22, RBC Capital also maintained a Buy rating on the stock with a $135.00 price target.

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