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Notwithstanding major shareholders selling off, Thermo Fisher reports strong earnings and a promising future.
Investment firms Alerus Financial NA and Orion Portfolio Solutions LLC reduced their holdings in Thermo Fisher Scientific Inc. (TMO) during the fourth quarter, selling significant shares.
Despite this, Thermo Fisher reported strong earnings, exceeding estimates with $6.10 per share and has a market cap of $193.04 billion.
Analysts predict a strong future with an EPS of 23.28 for the year, and the stock has a "Moderate Buy" rating and a target price of $653.23.
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A pesar de la venta de los principales accionistas, Thermo Fisher reporta ganancias fuertes y un futuro prometedor.