Agilent price target raised to $144 from $140 at TD Cowen

TD Cowen raised the firm’s price target on Agilent to $144 from $140 and keeps an Outperform rating on the shares. The company posted a “strong” Q4 beat and the firm noted peers have reported largely mixed calendar Q3 results with lowered guidance. Hence, the stronger fiscal Q4, comments citing demand stabilization and book-to-bill greater than one with China demand improving were “welcome comments,” the analyst tells investors.