Baxter Reports Second-Quarter 2017 Results and Provides Updated Financial Outlook for 2017 and 2020

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Baxter International (BAX) PT Raised to $68 at Cowen

July 27, 2017 8:26 AM EDT

Cowen raised its price target on Baxter International (NYSE: BAX) to $68.00 (from $66.00) while maintaining a Market Perform rating. BAX delivered impressive 2Q results that showed upside to Street forecasts for sales, gross margin, operating margin and adjusted EPS. For earnings, the company anticipates generating... More