Fly News Breaks for August 6, 2019
Aug 6, 2019 | 12:06 EDT
Piper Jaffray analyst William Quirk maintained an Overweight rating on Becton Dickinson, but lowered his price target on shares to $266 from $267, following the company's Q3 earnings results. Quirk said the quarter, which beat on EPS and missed slightly on revenue, with management reiterating FY19 guidance, was "good, not great." The analyst also noted that Becton Dickinson is accelerating the growth curve in the second half of the year, which he called a "positive indicator."
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