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Rothschild & Co Redburn Sticks to Their Buy Rating for Thermo Fisher (TMO)

Tipranks - Sat Apr 18, 7:52AM CDT

Rothschild & Co Redburn analyst Natalya Davies maintained a Buy rating on Thermo Fisher today and set a price target of $620.00.

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According to TipRanks, Davies is an analyst with an average return of -6.0% and a 20.00% success rate. Davies covers the Healthcare sector, focusing on stocks such as Merck & Company, Repligen, and Thermo Fisher.

In addition to Rothschild & Co Redburn, Thermo Fisher also received a Buy from Barclays’s Luke Sergott in a report issued on April 14. However, on April 2, Erste Group maintained a Hold rating on Thermo Fisher (NYSE: TMO).

Based on Thermo Fisher’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $12.22 billion and a net profit of $1.98 billion. In comparison, last year the company earned a revenue of $11.4 billion and had a net profit of $1.83 billion

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