The 'Standout Performance' That Could Save Thermo Fisher, Danaher And Others

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09:42 AM ET 07/23/2026

Thermo Fisher stock led a medtech rebound Thursday, easing investors' fears of continued malaise for the medical research and tools realm. The "standout performance" from Thermo Fisher Scientific's (TMO) analytical instruments business, coupled with promising related news from Danaher (DHR) and Sartorius, suggest "an instrument recovery theme is emerging," RBC Capital Markets analyst Dan Leonard said in a report. In…