Nordson price target raised to $335 from $290 at DA Davidson

DA Davidson raised the firm’s price target on Nordson (NDSN) to $335 from $290 and keeps a Buy rating on the shares. Demand related to Automotive and Polymer Processing Systems appears to be experiencing stabilization, setting the company up for what is expected to be a year of synced organic growth amongst its three segments, the analyst tells investors in a research note.