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Fly News Breaks for February 26, 2018
NDSN
Feb 26, 2018 | 09:17 EDT
Wells Fargo analyst Allison Poliniak-Cusic lowered her price target for Nordson to $140 from $155 on valuation after tougher comps, a lackluster Q2 outlook, and margin headwinds stemming from facility consolidations in the company's highly profitable Adhesive Dispensing segment weighed on the shares. The analyst reiterates a Market Perform rating on the stock.