Citi opened an “upside 90-day catalyst watch” on shares of Agilent (A) while keeping a Buy rating on the name with a $185 price target The share overhang of a potential transformational acquisition should be removed with Agilent’s deal for Biocare Medical, the analyst tells investors in a research note. Citi sees the stock’s multiple rebounding.
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Read More on A:
- Agilent to acquire Biocare Medical for $950M in cash
- M&A News: Agilent to Buy Biocare Medical for $950M — What Investors Should Know
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- Agilent price target lowered to $160 from $180 at Morgan Stanley
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