Is Thermo Fisher Scientific Inc. (TMO) a Buy as RBC Restarts Coverage With Sector Perform Rating?
RBC Capital has restarted coverage of Thermo Fisher Scientific Inc. (TMO) with a Sector Perform rating and a $490 price objective, citing improving market conditions but concerns about long-term growth sustainability. Concurrently, Thermo Fisher Scientific launched a new bioanalytical and biomarker laboratory in Gothenburg, Sweden, to meet increasing demand for advanced drug development solutions and strengthen its global network. The company is a global leader in scientific services, though the article suggests that some AI stocks may offer higher returns in a shorter timeframe.
https://www.insidermonkey.com/blog/is-thermo-fisher-scientific-inc-tmo-a-buy-as-rbc-restarts-coverage-with-sector-perform-rating-1770052/