- Mettler-Toledo (MTD +0.4%) bucks a weak tape after Cantor Fitzgerald upped the shares from Hold to Buy earlier today, and raised its price target from $205 to $252.
- The firm says it's encouraged by MTD's FQ2 earnings beat on Friday, and it's seeing early indicators of improvement/stabilization in some end markets.
- Most notably, Cantor says MTD reported solid growth in the Americas and saw stable demand in Europe - which together represent around 68% of sales - with order growth exceeding revenue growth in both Q1 and Q2 this year.
From other sites
at CNBC.com (Oct 17, 2014)
at CNBC.com (Jul 23, 2014)
at CNBC.com (Jul 22, 2014)
at CNBC.com (Jul 21, 2014)
at CNBC.com (Oct 12, 2010)
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