Leerink Swann Starts Agilent (A) at Outperform
Tweet Send to a FriendGet Alerts A Hot Sheet
Price: $45.59 -0.33%
Rating Summary:
17 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
17 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade A Now!
Leerink Swann initiates coverage on Agilent (NYSE: A) with a Outperform rating and $49-$51 valuation range saying they expect better days ahead.
"This rating reflects a view that, beyond FY2013, Agilent could continue to grow revenue organically, at least in line with peers, while expanding operating margins at a faster clip, which could enable some multiple expansion."
The firm said the company's opportunity for operating margin expansion ranks among the more compelling within its peer group. Keys to expanding margin its efforts to improve the profitability of the Varian business, acquired in 2010. Also, continued progress on supply chain initiatives and manufacturing consolidation.
For an analyst ratings summary and ratings history on Agilent click here. For more ratings news on Agilent click here.
Shares of Agilent closed at $42.66 yesterday, with a 52 week range of $35.32-$46.28.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
"This rating reflects a view that, beyond FY2013, Agilent could continue to grow revenue organically, at least in line with peers, while expanding operating margins at a faster clip, which could enable some multiple expansion."
The firm said the company's opportunity for operating margin expansion ranks among the more compelling within its peer group. Keys to expanding margin its efforts to improve the profitability of the Varian business, acquired in 2010. Also, continued progress on supply chain initiatives and manufacturing consolidation.
For an analyst ratings summary and ratings history on Agilent click here. For more ratings news on Agilent click here.
Shares of Agilent closed at $42.66 yesterday, with a 52 week range of $35.32-$46.28.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Agilent Technologies, Inc. (A) Declares $0.12 Quarterly Dividend; 1.1% Yield
- Topeka Capital Starts Spansion (CODE) at Buy
- Topeka Capital Starts CEVA Inc. (CEVA) at Buy
Create E-mail Alert Related Categories
New Coverage
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
