Morgan Stanley Sees Multiple Reasons for Optimism about Mettler-Toledo International

In a report published Thursday, Morgan Stanley analyst Daniel Brennan reiterated an Overweight rating and $279.00 price target on

. In the report, Morgan Stanley noted, “Q4 revenues at 3% growth modestly ahead of expectations, combined with solid cost controls drove 10% EPS growth, also ahead of MS/street. Bookings strength, improved tone on China, easy comps, and recent stock pull back are all positives.” Mettler-Toledo International closed on Wednesday at $235.87.