Becton, Dickinson Shares Drop After Multiple Analyst Downgrades

MT Newswires Live

05-03

Becton, Dickinson (BDX) shares dropped 1.2% in recent trading on Friday after multiple analysts downgraded the stock.

Wells Fargo downgraded the stock to equal-weight from overweight and lowered the price target to $172 from $270.

Piper Sandler also downgraded the stock to neutral from overweight, adjusting its price target to $185 from $260.

Goldman Sachs downgraded the stock to neutral from buy and reduced the price target to $192 from $256. Raymond James downgraded the stock to market perform from outperform.

Trading volume stood at over 6.9 million shares against a daily average of about 2.4 million.

Price: 167.60, Change: -1.94, Percent Change: -1.15

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