Agilent price target raised to $130 from $129 at BofA

BofA raised the firm’s price target on Agilent to $130 from $129 and keeps a Buy rating on the shares. Like peers, Agilent’s FY24 guidance implies a steep second half sales ramp and while “a bit cautious” on the ramp given how FY23 unfolded across the sector, the fact that things didn’t get worse during fiscal Q4 “is encouraging,” the analyst tells investors in a post-earnings note.