In a report published Thursday, Goldman Sachs analyst Isaac Ro reiterated a Neutral rating on Agilent Technologies A, and raised the price target from $46.00 to $48.00.
In the report, Agilent Technologies noted, “Agilent reported F3Q revenue/EPS of $1.65bn/$0.68, which beat consensus of $1.64bn/$0.62. The LDA segment was in-line while EMG beat modestly. Gross margin was 60bps better while SG&A was 40bps lower and drove EBIT margin 100bps above our estimate. F4Q revenue/EPS guidance of $1.70-1.72bn/$0.75-0.77 was in line with consensus of $1.73bn/$0.76. FY2013 revenue guidance was lowered to $6.76-6.78bn from $6.75-6.85bn while EPS guidance was raised to $2.83-2.85 from $2.70-2.85.”
Agilent Technologies closed on Wednesday at $46.51.
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