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Fly News Breaks for May 15, 2019
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May 15, 2019 | 07:54 EDT
Jefferies analyst Brandon Couillard lowered his price target for Agilent Technologies to $85 from $90 following the company's "rare" miss in fiscal Q2. While the China food market recovery is taking longer, the analyst says he still sees this as a question of when and not if. Despite the "messy" "quarter and lower core growth outlook, Agilent still has a "clear pathway" to re-accelerating growth in fiscal 2020, Couillard tells investors in a research note. He recommends buying the stock on today's selloff and keeps a Buy rating on the name.
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