Wells Fargo analyst maintains buy rating on Thermo Fisher with $570 price target.

From Yahoo Finance: 2025-06-30 11:31:00

Thermo Fisher Scientific Inc. (NYSE:TMO) is listed as one of the 11 Best Strong Buy Stocks to Invest in Now, with a Buy rating and $570.00 price target from Wells Fargo analyst Brandon Couillard. The recent amendment to exclude the lower-margin Drinking Water Filtration business is seen as a positive move that could expedite the transaction and enhance financial attractiveness.

The exclusion of the Drinking Water Filtration business is expected to simplify the deal, potentially reduce the purchase price, and make it more financially attractive for Thermo Fisher Scientific Inc. (NYSE:TMO). Analysts anticipate the amended deal to be accretive to the company’s EPS, aligning with its focus on higher-margin and higher-growth opportunities.

Thermo Fisher Scientific Inc. (NYSE:TMO) offers analytical instruments, reagents, equipment, software, and services for analysis, research, diagnostics, and discovery. The company operates through segments like Analytical Instruments, Life Sciences Solutions, and Specialty Diagnostics, among others. This diverse portfolio positions TMO in various sectors of the scientific and healthcare industries.

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Read more at Yahoo Finance: Wells Fargo Remains a Buy on Thermo Fisher (TMO) With a PT of $570