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Becton Dickinson (BDX) PT Lowered to $275 at Jefferies

Jefferies analyst Matthew Taylor lowered the price target on Becton Dickinson (NYSE: BDX) to $275.00 (from $280.00) while maintaining a Buy rating.

The analyst commented, "BDX reported FY4Q22 sales of $4.76B +4.2% +8.6% xfx +6.8% organic, above cons. $4.71B and EPS of $2.75 vs. cons. $2.74. In... More

Tapestry Inc. (TPR) PT Lowered to $39 at Jefferies

Jefferies analyst Ashley Helgans lowered the price target on Tapestry Inc. (NYSE: TPR) to $39.00 (from $47.00) while maintaining a Buy rating.

The analyst commented, "Q1 beat, with solid growth at Coach and further outperformance at Kate Spade. FY23 guide was lowered... More

NIO (H-Shares) (9966:HK) (NIO) PT Lowered to HK$95.20 at BOCOM Int'l, 'Loss widened in 3Q22 on expenses'

BOCOM Int'l analyst Angus Chan lowered the price target on NIO (H-Shares) (9966:HK) (NYSE: NIO) to HK$95.20 while maintaining a Neutal rating.

The analyst comments "NIO reported in-line 3Q22 results, with vehicle sales/sales volume up 38.2% /26.1% YoY to RMB11.9bn/31,607... More

Becton Dickinson (BDX) shares rise as revenue tops expectations

Shares of Becton Dickinson (NYSE: BDX) are up more than 4% Thursday on the back of its fiscal fourth-quarter earnings release, which saw it top revenue estimates.

The company posted earnings of $2.75, in line with the analyst estimate of $2.75, while revenue came in at $4.8 billion versus the consensus estimate of $4.72 billion.

"Fiscal 2022 was another outstanding year with impactful results that confirm the effectiveness of our BD 2025 strategy," said Tom Polen, chairman, CEO and president of BD. "We delivered reliable, consistent performance that... More