Mettler-Toledo (MTD -1.2%) slips this morning after Jefferies cut the shares to Hold on...

|About: Mettler Toledo Internationa... (MTD)|By:, SA News Editor

Mettler-Toledo (MTD -1.2%) slips this morning after Jefferies cut the shares to Hold on valuation and lowered its price target to $225 from $250 following a change in coverage. The firm says the stock is already trading at a 15% premium to its peers and expectations for improved fundamentals in H213 and FY14 have already been 'baked-in' to the stock.