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Fly News Breaks for April 24, 2017
BCR, BDX
Apr 24, 2017 | 13:12 EDT
As previously reported, Evercore ISI upgraded Becton Dickinson (BDX) to Outperform with a $200 price target following weakness related to the C.R. Bard (BCR) acquisition. Analyst Vijay Kumar believes the deal makes Becton Dickinson a powerhouse in hospital supplies segment and possibly puts them in better bargaining position. He notes management has a history of execution and and is comforted by his expectations double-digit earnings growth and a 1%+ dividend yield for Becton Dickinson.
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