Nordson (NDSN) PT Raised to $276 at Jefferies

Jefferies analyst Saree Boroditsky raised the price target on Nordson (NASDAQ: NDSN) to $276.00 (from $260.00) while maintaining a Buy rating.

The analyst commented, "Nordson beat expectations with earnings of $2.42/share vs consensus of $2.08/share on stronger top-line and margin performance. Management once again raised guidance to $7.75-7.95/share for the full year 2021, but we believe this could prove conservative given robust YTD trends and strong margin performance."

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