Goldman Sachs Maintains Buy Rating for Agilent Technologies: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has reaffirmed its Buy rating on Agilent Technologies (NYSE:A) and increased its price target from $128.00 to $145.00. Agilent's shares are currently trading at $128.91, and the new price target suggests a potential upside of 12.48%. Agilent, a life sciences and diagnostics firm, was spun out of Hewlett-Packard in 1999 and now operates in various markets, including biopharmaceuticals and chemicals, with significant operations in the U.S. and China.
December 07, 2023 | 5:00 pm
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Goldman Sachs maintains a Buy rating on Agilent Technologies and raises the price target to $145, indicating a potential 12.48% increase from the current price.
The reaffirmation of a Buy rating and an increased price target by a prominent investment bank like Goldman Sachs typically instills confidence in investors and can lead to a positive short-term impact on the stock price. The new price target represents a significant potential increase, which may attract investor interest and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100