HSBC Adjusts Price Target on Thermo Fisher Scientific to $690 From $660, Maintains Buy Rating

Moderna (MRNA) and Merck (MRK) reported successful late-stage trial results for a personalized mRNA cancer vaccine targeting melanoma, reducing recurrence risk by 49%. The treatment relies on technologies from Illumina (ILMN), Danaher (DHR), and others. Moderna's stock surged 176.97% on the news, highlighting the shift toward individualized therapies in oncology.

Thermo Fisher Scientific (TMO) launched the EMPAD G2 detector for advanced materials analysis, aiming to boost its Analytical Instruments segment. Shares dipped 0.8% post-announcement. The company has a $233.20B market cap, 4% earnings yield, and a track record of beating earnings estimates. The global 4D STEM market, where EMPAD G2 operates, is projected to grow at 6.6% CAGR through 2031, according to QYResearch.

Bio-Techne (TECH) reported flat earnings, trading at $72.35. Avantor (AVTR) beat estimates with $1.69B revenue, up 17.4%. Bruker (BRKR) missed expectations, down 11.1%. Sotera Health (SHC) reported $321.4M revenue, up 7.2%. Thermo Fisher (TMO) beat estimates with $11.99B revenue, up 18.3%.

CNBC's 'Final Trades' featured picks from analysts, including Delta Air Lines (DAL) for its strong Q2 earnings, Thermo Fisher Scientific (TMO) for its raised FY2026 guidance, and Target (TGT) for its better-than-expected Q2 results. Interactive Brokers (IBKR) was also mentioned for its new Latin America funding solution. DAL +1.4%, TMO -0.1%, TGT -3.8%, IBKR +5.5%.

Johnson & Johnson (JNJ) reported $16.38B in quarterly sales, raising its annual sales forecast to $101.1B and EPS to $11.68. Thermo Fisher (TMO) showed recovery in life sciences spending, with Life Sciences Solutions revenue up 13%. JNJ's growth is driven by its diversified portfolio, while TMO's depends on industry recovery.

Medtronic (MDT) and Thermo Fisher (TMO) are healthcare companies with different recovery drivers. MDT reported its highest annual revenue growth in a decade, with strong performance in its cardiac segment. TMO's recovery is tied to improving customer spending in life sciences. Both companies are investing in growth areas.