Canaccord Genuity Maintains a 'Hold' on Becton Dickinson (BDX); Q3 Preview: Looking For Signs of Stabilization

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Canaccord Genuity maintains a 'Hold' on Becton Dickinson (NYSE: BDX) price target of $78.00.

Analyst, Jeffrey Frelick, said, "We expect BD to report June Q3/F2012 sales of $2,044M (+2%), slightly above consensus of $2,021M, and EPS of $1.53 (+1%), matching the consensus."

"BD’s long-term outlook is promising given operational efficiencies and new products. However, we maintain our rating as we wait for more meaningful products to launch in 2013."

For an analyst ratings summary and ratings history on Becton Dickinson click here. For more ratings news on Becton Dickinson click here.

Shares of Becton Dickinson closed at $75.01 yesterday, with a 52 week range of $69.59-$89.08.

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