Is Wall Street Bullish or Bearish on Revvity Stock?

With a market cap of $10.6 billion, Revvity, Inc. (RVTY) is a provider of health science solutions, technologies, expertise, and services that deliver complete workflows from discovery to development, and diagnosis to cure. Based in Waltham, Massachusetts, the company operates through Life Sciences and Diagnostics segments.

Shares of RVTY have significantly lagged behind the broader market over the past 52 weeks. RVTY has crumbled 20.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 9.8%. Moreover, shares of RVTY are down 19.5% on a YTD basis, compared to SPX’s marginal drop.