Why Did Thermo Fisher Scientific Inc. (TMO) Plunge 4.45%?

Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Aug 27, 2025 9:14 am ET1min read
TMO--
Aime RobotAime Summary

- Thermo Fisher Scientific Inc. (TMO) fell 4.45% in pre-market trading on August 27, 2025, driven by MetLife’s reduced holdings and Evercore ISI’s lowered price target.

- Evercore ISI cut its price target to $480 from $500 but kept an "outperform" rating, signaling cautious optimism about long-term prospects despite near-term uncertainty.

- The stock’s decline reflects investor concerns as institutional investors and analysts reassess Thermo Fisher’s resilience and strategic direction.

On August 27, 2025, Thermo Fisher Scientific Inc.TMO-- experienced a significant drop of 4.45% in pre-market trading, indicating a notable shift in investor sentiment towards the company.

Recent developments have influenced Thermo Fisher's stock performance. MetLifeMET-- has reduced its holdings in Thermo FisherTMO--, which may have contributed to the market's negative reaction. Additionally, EvercoreEVR-- ISI has lowered its price target for Thermo Fisher from $500.00 to $480.00, while maintaining an "outperform" rating. This adjustment suggests a cautious outlook on the company's near-term prospects, potentially impacting investor confidence.

These events collectively point to a period of uncertainty for Thermo Fisher, as both institutional investors and analysts reassess their positions and forecasts. The company will need to address these concerns and demonstrate its resilience to regain investor trust and stabilize its stock price.

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