Form 8-K NORDSON CORP For: May 28

Go back to Form 8-K NORDSON CORP For: May 28

DA Davidson Reiterates Buy Rating on Nordson (NDSN)

May 28, 2024 1:26 PM EDT

DA Davidson analyst Matthew Summerville reiterated a Buy rating and $295.00 price target on Nordson (NASDAQ: NDSN).

The analyst comments "This morning, Nordson announced an agreement to acquire publicly traded Atrion Corp. in a transaction valued at ~$800M or ~15x 2024 estimated EBITDA, inclusive of... More

Oppenheimer Reiterates Perform Rating on Nordson (NDSN)

May 28, 2024 1:23 PM EDT

Oppenheimer analyst Christopher Glynn reiterated a Perform rating on Nordson (NASDAQ: NDSN).

The analyst comments "NDSN announced plans to acquire Atrion/ATRI for $460/share (~$800M EV, 20.5x '23 EBITDA; 15x including $14M projected synergies), expected to close within NDSN's FY24/October. Atrion is a market leader in single-use medical... More