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Cleveland Research downgrades Thermo, Waters, Agilent to neutral

Jul. 07, 2023 6:26 PM ETThermo Fisher Scientific Inc. (TMO), WAT, A, MTDBy: Val Brickates Kennedy, SA News Editor6 Comments
Thermo Fisher Scientific location. Thermo Fisher offers controlled and sustained release solid oral dosage forms.


Cleveland Research said it was downgrading life sciences toolmakers Thermo Fisher Scientific (NYSE:TMO), Waters (NYSE:WAT), Agilent (NYSE:A) and Mettler-Toledo (NYSE:MTD) to neutral over concerns about slowing demand in the pharmaceutical and Chinese sectors.

In a note, Cleveland Research said channel feedback

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Comments (6)

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Looks like it's almost time to start adding to my TMO position. A little more negativity and downgrades, it will be game on again!
adaret profile picture
Who is Cleveland Research?
Off His Game profile picture
@adaret Well known research firm. Very legitimate.
adaret profile picture
@Off His Game well, their downgrade has been negated by a move higher in the shareprice since then.
donzoab profile picture
Another quality call, AFTER the sticks have all cratered. A monkey could do their job.
adaret profile picture
@donzoab in this case, it’s dummy see quality stock drop, dummy downgrade. Nothing of value.

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