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Thermo Fisher Scientific Inc. (NYSE:TMO) Receives Consensus Rating of "Moderate Buy" from Analysts
Thermo Fisher Scientific Inc. (NYSE:TMO) has received a “Moderate Buy” consensus rating from twenty-two research firms, with most analysts issuing buy recommendations and an average 12-month target price of $632.50. The company recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend. Insider activity shows some selling by executives, while institutional investors have significantly increased their positions in the company.