Agilent price target raised to $174 from $170 at Baird

Baird analyst Catherine Ramsey Schulte raised the firm’s price target on Agilent to $174 from $170 and keeps an Outperform rating on the shares. The analyst said overall demand commentary was largely constructive, leading management to raise 2023 revenue/EPS guidance, though we get the sense there remains an element of conservatism within the updated guide.