Sidoti Upgrades Nordson (NDSN) to Buy, Raises Target to $62

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June 27, 2012 11:42 AM EDT
Get Alerts NDSN Hot Sheet
Price: $308.72 -0.41%

Rating Summary:
    12 Buy, 10 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Sidoti upgraded Nordson (NASDAQ: NDSN) shares from Neutral to Buy Wednesday morning. The firm's John Franzreb boosted his price target on the stock from $58 to $62.

With the stock up 0.7 percent to $48.17 in intraday trade, Franzreb's new price target represents potential upside of about 29 percent.

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

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