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Stifel Maintains Mettler-Toledo International(MTD.US) With Buy Rating, Cuts Target Price to $1,450

Futu News ·  Nov 11 21:37  · Ratings

Stifel analyst Daniel Arias maintains $Mettler-Toledo International (MTD.US)$ with a buy rating, and adjusts the target price from $1,550 to $1,450.

According to TipRanks data, the analyst has a success rate of 39.9% and a total average return of -7.9% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Mettler-Toledo International (MTD.US)$'s main analysts recently are as follows:

  • The projection for Mettler-Toledo's performance in fiscal year 2025 is deemed to be cautious, considering that ongoing shipping complications are expected to impede margin growth.

  • Mettler-Toledo's third quarter was described as generally solid, and management's initial outlook for 2025 suggests organic growth of 3% and EPS growth of 4%-5%. Post-estimate revisions, the stock is trading at a premium to its peer group, which aligns with the historical average over various periods.

  • Mettler-Toledo's third-quarter results surpassed expectations, bolstered by robust Laboratory and services trends. Management's perspective on market conditions remains cautious, particularly in China and within industrial applications, even as there are indications of market stabilization.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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