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Agilent upgraded to Buy from Hold at Stifel
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Agilent upgraded to Buy from Hold at Stifel

Stifel analyst Daniel Arias upgraded Agilent Technologies to Buy from Hold with a price target of $163, up from $145. The firm says responses from its biopharma survey suggest some good second half of 2024 acceleration in instrument demand. When coupled with a few “less-than-bullish” data points on consumables side, Agilent’s relative attractiveness has increased, the analyst tells investors in a research note. Stifel says Agilent shares, the cheapest of the instrument names, has become increasingly compelling as a 12-month idea.

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