Agilent price target lowered to $120 from $124 at Evercore ISI

Evercore ISI analyst Vijay Kumar lowered the firm’s price target on Agilent to $120 from $124 and keeps an In Line rating on the shares. Reported core organic declines of 2.3% was above the high end of Agilent’s guidance range, but guidance was lowered for Q4 with management assuming China trends will remain down mid-30s in the quarter, the analyst tells investors in a research note.