Piper Sandler lowered the firm’s price target on Becton Dickinson to $280 from $305 and keeps an Overweight rating on the shares. Becton Dickinson’s Q4 revenue beat the Street’s estimate, while EPS was in line with consensus, the analyst tells investors in a research note. At the same time, the company posted below-expected margins in the period, raised concerns on China, and issued below-expected/back-end-loaded FY24 EPS guidance.
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