Becton Dickinson (BDX) Raises Quarterly Dividend 10% to $0.66; 1.7% Yield

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Go back to Becton Dickinson (BDX) Raises Quarterly Dividend 10% to $0.66; 1.7% Yield

Piper Jaffray Raising Becton Dickinson (BDX) Price Target to $171

November 20, 2015 8:06 AM EST

Piper Jaffray analyst, William Quirk, met with Becton Dickinson (NYSE: BDX) and was confident enough in the meeting to raise his price target to $171 (from $160) despite reducing EPS estimates.

Management reiterated its new, higher $325M-$350M CFN cost synergy guidance, but are targeting over-achievement with a couple of examples such as internal cost reviews. If eliminating public... More