Investment firm Baird has adjusted its outlook on Revvity (RVTY, Financial) by reducing the stock's price target to $127, down from its previous target of $141. Despite this downward revision, Baird maintains an Outperform rating on Revvity shares.
The adjustment follows an updated analysis of the company's financial model as investors anticipate the release of Revvity's first-quarter results. The firm continues to express confidence in the stock's overall potential, even with the revised expectations.
