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Fly News Breaks for January 24, 2020
Jan 24, 2020 | 07:27 EDT
BTIG analyst Marie Thibault raised her price target on Varian Medical to $157 and kept her Buy rating, saying the company's short-term and long-term growth potential support her optimism. The analyst cites the company's stable top-line given its installed base replacements and service contracts on hardware sales. Thibault further notes that her model still does not account for all of Varian's growth catalysts, including the uplift from emerging markets and contributions from the company's recent acquisitions.
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