KeyBanc Resumes Nordson (NDSN) at Sector Weight

KeyBanc resumed coverage on Nordson (NASDAQ: NDSN) with a Sector Weight rating.

Analyst Jeffrey D. Hammond said, "NDSN is a market leader of advanced technologies focused on dispensing and fluid management in attractive end markets with best-in-class returns. While we see positive near-term catalysts – FX shifting more favorably, easier comparisons for Advanced Technology, and internal margin enhancement initiatives, we view NDSN shares as fairly valued after recent strength (+41% since late January lows; S&P 500 +10% and XLI +15% over the same period)."

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

Shares of Nordson closed at $76.37 yesterday.

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