Agilent price target raised to $147 from $140 at BofA

BofA analyst Michael Ryskin raised the firm’s price target on Agilent to $147 from $140 and keeps a Neutral rating on the shares. While the firm says it appreciates Agilent’s improved product mix and secular growth drivers, calling the quarterly report “a step in the right direction” after last quarter’s “big cut,” it also says the valuation appears fair given higher China exposure and limited visibility into a market rebound.