Piper Sandler analyst Jason Bednar lowered the firm’s price target on Becton Dickinson (BDX) to $159 from $170 and keeps a Neutral rating on the shares. The firm is tweaking the components of its Q2 revenue growth assumptions to more closely align with management’s guidance, and it is also updating its model to reflect pro forma P&L financials recently provided by the company to reflect RemainCo BDX.
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