RBC Capital analyst Shagun Singh lowered the firm’s price target on Becton Dickinson (BDX) to $172 from $210 and keeps a Sector Perform rating on the shares. The company’s earnings print beat consensus, with ex-FX revenue growth of 0.4% y/y exceeding guidance of low-single-digit declines, though its growth recovery back into mid-single-digits is yet to be proven out, and the firm sees 2026 as a “transition year”.
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