In a report published Thursday, Morgan Stanley analyst Daniel Brennan reiterated an Overweight rating and $279.00 price target on Mettler-Toledo International MTD.
In the report, Morgan Stanley noted, “Q4 revenues at 3% growth modestly ahead of expectations, combined with solid cost controls drove 10% EPS growth, also ahead of MS/street. Bookings strength, improved tone on China, easy comps, and recent stock pull back are all positives.”
Mettler-Toledo International closed on Wednesday at $235.87.
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