BofA raised the firm’s price target on Agilent (A) to $156 from $150 and keeps a Neutral rating on the shares. The firm slightly lowered its FY25 estimates to account for headwinds from a strong U.S. dollar, but raised its price target due to peer group multiple expansion. While BofA appreciates Agilent’s improved product mix and secular growth drivers, it argues that the valuation “appears fair” given higher China exposure and limited market rebound visibility.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on A:
- Agilent price target raised to $145 from $135 at Bernstein
- Agilent Technologies Navigates AI Integration Challenges Amid Regulatory and Ethical Concerns
- Agilent investor day calls for margin expansion, says Goldman Sachs
- Agilent to hold analyst and investor day
- Agilent Technologies Announces Operational Restructuring Plan