UPDATE: Baxter (BAX) Tops Q3 EPS by 13c; Hikes FY16 EPS Outlook

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Baxter (BAX) PT, Estimates Raised at Evercore ISI

October 25, 2016 12:09 PM EDT

Evercore ISI analyst Vijay Kumar reiterated a Buy rating while boosting estimates and his price target on Baxter International (NYSE: BAX) to $56.00 (from $52.00) following solid Q3 results and outlook.

FY 2016 EPS goes from $1.75 to $1.93, FY 2017 EPS from $2.10 to $2.20 and FY 2018 EPS from $2.60 to... More