KeyBanc analyst Matthew Mishan raised his price target for Becton Dickinson to $273 from $264 and reiterated an Overweight rating on the shares. While the analyst acknowledges that various headwinds are weighing on near-term EPS, he believes the company is positioned to continue to win long-term in its end markets. Mishan points out that initial FY19 organic growth guidance of 5%-6% is in line with what he considers to be the new normal for Becton Dickinson, headwinds to near-term margins/EPS are incorporated in guidance, with potential upside if they subside, and the timeline of debt pay down appears ahead of schedule with flexibility for some M&A in FY19.