Becton Dickinson (BDX) Tops Q2 EPS by 16c; Boosts FY16 Outlook

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Becton Dickinson (BDX) PT, Estimates Bumped Higher at Evercore ISI

May 5, 2016 12:27 PM EDT

Evercore ISI analyst Vijay Kumar raised estimates and his price target on Becton Dickinson (NYSE: BDX) but maintain a Hold rating following results.

The price target goes to $165.00 (from $154.00), FY FY16 EPS Raised from $8.47 to $8.60; FY17 EPS Raised from $9.30 to $9.60; FY18 EPS Raised from $10.40 to $10.75.

Kumar commented, "BDX reported a good Q, highlighted by a solid EPS beat and generally in-linish revenues. On the revenue front, sequential acceleration in... More