Nordson Corporation Reports Second Quarter Fiscal 2024 Results and Updates Annual Guidance
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May 22, 2024 7:10 AM EDT
Loop Capital analyst Chris Dankert reiterated a Hold rating and $255.00 price target on Nordson (NASDAQ: NDSN)
The analyst comments "Despite solid FY2Q performance, Nordson cut FY24 guidance as the expected 2H ramp has failed to materialize. Specifically, stubborn weakness in... More
May 22, 2024 6:42 AM EDT
Baird analyst Michael Halloran lowered the price target on Nordson (NASDAQ: NDSN) to $272.00 (from $303.00) while maintaining a Outperform rating.
The analyst comments "This was a complicated quarter, with numerous negatives (unsurprising electronic/agriculture push outs, 4+ consecutive quarters of estimate cuts, disappointing forecasting/expectation management)... More
May 21, 2024 4:13 PM EDT
DA Davidson analyst Matthew Summerville lowered the price target on Nordson (NASDAQ: NDSN) to $295.00 (from $315.00) while maintaining a Buy rating.
The analyst comments "While NDSN has yet to see a material improvement in ATS orders, canary-like indicators appear indicative of a forthcoming... More
