Becton Dickinson price target lowered to $202 from $211 at RBC Capital

RBC Capital analyst Shagun Singh lowered the firm’s price target on Becton Dickinson (BDX) to $202 from $211 and keeps a Sector Perform rating on the shares. The company’s Q4 results came largely in-line with expectations as it issued preliminary results on 10/15 but delivered a 1% surprise on the bottom-line, the analyst tells investors in a research note. Becton Dickinson’s FY26 guidance at low single digit growth was somewhat below consensus due to ongoing headwinds around Alaris comps, China, and vaccine reductions however, the firm added.