Canaccord Genuity Maintains a 'Hold' on Becton Dickinson (BDX); Thoughts Post Analyst Day
Tweet
Share
E-mailGet Alerts BDX Hot Sheet
Price: $192.00 +2.33%
Rating Summary:
13 Buy, 12 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
13 Buy, 12 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Canaccord Genuity maintains a 'Hold' on Becton Dickinson (NYSE: BDX) price target of $78.00.
Canaccord analyst, Jeffrey Frelick, said, "BDX hosted its first analyst day in 12 years as new CEO Vince Forlenza provided a deep dive into the company’s product pipeline. While the pipeline is solid, the ramp-up of new products will take time to meaningfully contribute; thus, we maintain our rating...New products are expected to deliver growth by 2014. Management laid out its new key products across all three divisions and expects to add 250bps of growth by 2014."
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 $72.61 yesterday.
Canaccord analyst, Jeffrey Frelick, said, "BDX hosted its first analyst day in 12 years as new CEO Vince Forlenza provided a deep dive into the company’s product pipeline. While the pipeline is solid, the ramp-up of new products will take time to meaningfully contribute; thus, we maintain our rating...New products are expected to deliver growth by 2014. Management laid out its new key products across all three divisions and expects to add 250bps of growth by 2014."
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 $72.61 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BD names Gary Sorsher as chief quality officer, replacing retiree
- DA Davidson Starts Everus (ECG) at Buy
- BD Appoints Gary Sorsher as Chief Quality Officer; Jeff Silvestri to Retire
Create E-mail Alert Related Categories
Analyst CommentsSign 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!
