Overstock Stock Is Up 975% This Year. How Much Higher Can It Go? [Yahoo! Finance News]
Thermo Fisher Scientific Inc (TMO)
Last thermo fisher scientific inc earnings: 4/22 06:00 am
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Source: Yahoo! Finance News
It is safe to say investors of online retailer Overstock OSTKHowever, according to Needham analystRick PatelPatel initiated coverage on OSTK shares with a Buy rating, alongside a $96 price target, implying shares can add another 27% from current levels. To watch Patel's track record,click hereSo, what prompts an analyst to recommend investors snap up shares after such an incredible run up?Patel explained, “The ongoing secular share shift towards digital commerce has accelerated this year, and the home category is benefiting from consumer nesting; we anticipate this will continue. Concurrently, Overstock has benefited from a more focused strategy and self-help initiatives across mobile, pricing, marketing and customer service. In our view, higher revenue should leverage expenses, driving higher margins.”The focused strategy Patel mentions is due to a shakeup at the top. Patel believes recent years’ underperformance was due to a “lack of focus with too many strategies being executed at
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TMO
News
- Thermo Fisher Scientific Inc. (NYSE: TMO) had its price target raised by analysts at Barclays PLC from $590.00 to $615.00. They now have an "equal weight" rating on the stock.MarketBeat
- Life Science Tools Market To Reach USD 400.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Thermo Fisher Scientific Inc. (NYSE: TMO) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $600.00 to $610.00. They now have a "buy" rating on the stock.MarketBeat
- Thermo Fisher Scientific Inc. (NYSE:TMO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Company News for Apr 25, 2024 [Yahoo! Finance]Yahoo! Finance
TMO
Earnings
- 4/24/24 - Beat
TMO
Sec Filings
- 4/24/24 - Form 8-K
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- TMO's page on the SEC website