Reported about 14 hours ago
Mettler-Toledo International Inc. is a leading marketer of weighing instruments with a market cap of $25.9 billion. However, its stock has declined 17.2% from a previous high and has underperformed the Dow Jones Industrial Average, gaining only 2.9% year-to-date compared to the Dow's 7.7%. Despite reporting better-than-expected earnings, the stock price fell nearly 3% after the Q2 results, although it rebounded slightly afterwards. Analysts maintain a 'Moderate Buy' rating with a price target suggesting a modest upside.
Source: YAHOO