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Aberdeen Group plc Grows Stock Holdings in Thermo Fisher Scientific Inc. $TMO
Aberdeen Group plc increased its stake in Thermo Fisher Scientific Inc. by 1.6% in the fourth quarter, bringing its total ownership to 383,832 shares valued at $222.4 million. Other institutional investors also adjusted their positions, and analysts generally maintain a “Moderate Buy” rating for TMO, with a consensus target price of $632.50. The company recently reported strong quarterly earnings, exceeding analyst expectations, and increased its quarterly dividend.