UPDATE: Jefferies Lowers PT on Agilent Technologies to $55
Tickers: A
In a report published Thursday, Jefferies maintains its Buy rating on Agilent Technologies (NYSE: A), and lowered the price target from $58.00 to $55.00.
Jefferies noted that “A's 3Q12 EPS of $0.79 was $0.04 below consensus on weaker core rev. growth & profitability trends (+26% incremental vs. our +32%). We are lowering our FY12 & FY13 EPS forecasts to $3.07 (from $3.23) and $3.50 (from $3.65), respectively.”
Agilent Technologies closed at $40.48 Wednesday
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Tags: Jefferies & Company
Posted in: Analyst Color, Price Target, Analyst Ratings
Advertisement
Advertisement
