Bank of America Securities analyst Michael Ryskin reiterated a Hold rating on Agilent yesterday and set a price target of $128.00.
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Michael Ryskin has given his Hold rating due to a combination of factors impacting Agilent’s financial outlook. The company reported strong core growth and sales figures that exceeded expectations, with significant contributions from its key segments. However, despite this positive momentum, Agilent faces challenges with tariff impacts that are pressuring margins in the fiscal year 2025, which are expected to be mitigated by fiscal year 2026 through strategic actions.
Ryskin also notes that while Agilent’s valuation appears fair and its earnings estimates for 2026 are in a good position, the current market conditions and expected margin pressures justify a Neutral stance. The price objective remains at $128, reflecting a balanced view of the company’s potential upside and the risks associated with the tariff-related headwinds. This combination of strong growth prospects tempered by near-term margin pressures supports the Hold rating.
A’s price has also changed slightly for the past six months – from $127.080 to $118.690, which is a -6.60% drop .