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Thermo Fisher Scientific reports strong earnings despite slight institutional investor sell-offs.
Institutional investors slightly reduced their holdings in Thermo Fisher Scientific, with some selling shares while others increased their stakes.
The medical research company reported strong earnings, surpassing analyst estimates, with a quarterly revenue of $10.36 billion.
Thermo Fisher Scientific has a market cap of $153.89 billion and a P/E ratio of 23.91.
Analysts have a "Moderate Buy" rating on the stock, with a target price of $604.05.
The company provides life sciences solutions, analytical instruments, and laboratory products.
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Thermo Fisher Scientific reporta fuertes ganancias a pesar de las ligeras ventas por parte de los inversores institucionales.