Agilent placed on ‘positive catalyst watch’ at Citi

Citi analyst Patrick Donnelly added a “90-day positive catalyst watch” on shares of Agilent (A) while keeping a Buy rating on the name with a $165 price target At a time when investor sentiment on tools is negative, the higher end of the Agilent’s fiscal Q2 growth guidance is achievable and its fiscal year numbers “are safe,” the analyst tells investors in a research note. Citi is encouraged by Agilent’s order book.