Becton Dickinson resumed with a Neutral at Goldman Sachs

Goldman Sachs analyst David Roman resumed coverage of Becton Dickinson (BDX) with a Neutral rating and $167 price target At current levels, the firm views the upside/downside drivers for the stock as “relatively balanced”, but while its FY27 EPS view is in line with consensus, it is also assuming a “slightly more bearish” outlook on certain inputs such as raw materials, operating margins, and durability of business headwinds relative to what the company had provided in its updated FY26 guidance, the analyst tells investors in a research note. The key variables for investors to monitor to inform top-line growth and correspondingly earnings and the multiple include the pace at which discrete headwinds moderate as well as margin trajectory and capital allocation, the firm added.