Becton Dickinson price target lowered to $250 from $257 at Piper Jaffray

Piper Jaffray analyst William Quirk lowered his price target for Becton Dickinson to $250 and keeps an Overweight rating on the name following the company’s Q4 results. The analyst believes currency headwinds are masking Becton’s “solid’ results. Adjusting for 600 basis points of headwinds, the fiscal 2019 outlook reflects a strengthening business and some typical guidance conservatism, Quirk tells investors in a post-earnings research note.
https://thefly.com/landingPageNews.php?id=2818585