Stifel analyst Rick Wise lowered the firm’s price target on Becton Dickinson (BDX) to $224 from $280 and keeps a Buy rating on the shares. Q2 performance and FY25 guidance were both “more disappointing and more complicated than anticipated,” the analyst tells investors. Both the Q2 underperformance and now-higher China pressures are factors in the firm’s revised estimates and price target the analyst indicated.
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