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Morgan Stanley Lowers Price Target on Thermo Fisher Scientific to $620 From $670, Keeps Overweight Rating
Morgan Stanley has lowered its price target for Thermo Fisher Scientific (TMO) to $620 from $670, while maintaining an Overweight rating on the stock. This adjustment comes amidst other analyst revisions, with several firms like Stifel, Leerink Partners, JPMorgan, Baird, Goldman Sachs, and Jefferies also adjusting their price targets for TMO around the same period, predominantly maintaining positive ratings.