Mettler-Toledo raises 2024 earnings and revenue guidance, but stock falls as analysts maintain a "Hold" rating.

Mettler-Toledo International (NYSE: MTD) has updated its 2024 earnings and revenue guidance, projecting EPS between $40.350-$40.500 and revenue of $3.9 billion, slightly above analyst expectations. Several analysts have raised their price targets, with ratings ranging from "neutral" to "buy," but the overall consensus remains a "Hold" with a target price of $1,363.75. MTD's stock fell $101.49 to $1,310.03 during Friday trading.

November 11, 2024
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