Mettler-Toledo International Inc. (NYSE:MTD) is receiving significant attention from analysts with an average price target of $1,380.50. Citigroup had lowered their price target for MTD to $1,400.00. There has been a recent decline in MTD's position due to cautious investor sentiment. Notable investment firms such as Welch & Forbes LLC, Los Angeles Capital Management LLC, and Versor Investments LP reduced their holdings in MTD. Contrarily, Edgestream Partners L.P., Charles Schwab Investment Management Inc., and Impax Asset Management Group plc have increased their stake in MTD. Furthermore, insider Christian Magloth sold 790 shares of MTD stock. Despite this, MTD has been touted as a top growth stock for the long term. Robeco Schweiz AG has also purchased 21,449 MTD shares. Moreover, Mettler-Toledo is scheduled to host its Q4 2024 earnings call soon with a strong financial forecast. The overall sentiment appears mixed as some stakeholders have decreased their holdings but the stock continues to be an attractive option for growth-focused portfolios.
Mettler-Toledo International MTD News Analytics from Wed, 22 Feb 2023 08:00:00 GMT to Sat, 08 Mar 2025 11:48:46 GMT - Rating 6 - Innovation -2 - Information 7 - Rumor 2
