RBC Restarts Coverage on Thermo Fisher Scientific with Sector Perform Rating

RBC Capital has restarted coverage of Thermo Fisher Scientific Inc. (TMO) with a 'Sector Perform' rating and a $490 price target, citing improving market conditions but concerns about long-term growth sustainability above 7%. Separately, TMO announced the launch of a new bioanalytical laboratory in Gothenburg, Sweden to support pharmaceutical research.

By Laiba Immad Thu, May 28, 2026 at 2:48 PM GMT+3 2 min read · Yahoo Finance · May 28, 2026, 11:48 UTC

Tickers: $TMO

Topics: company expansion pharmaceutical services stock analysis

Read the full article at Yahoo Finance

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