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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.
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Mettler-Toledo aumenta las ganancias y la orientación de ingresos de 2024, pero las acciones caen mientras los analistas mantienen una calificación de "Sostener".