Agilent (A) Receives a Buy from Robert W. Baird

By Carrie Williams

Robert W. Baird analyst Catherine Schulte reiterated a Buy rating on Agilent (AResearch Report) yesterday and set a price target of $82. The company’s shares closed yesterday at $78.56, close to its 52-week high of $78.80.

Schulte has an average return of 17.3% when recommending Agilent.

According to, Schulte is ranked #97 out of 5188 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Agilent with a $81 average price target, implying a 3.1% upside from current levels. In a report issued on February 12, Deutsche Bank also maintained a Buy rating on the stock with a $85 price target.

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Based on Agilent’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.29 billion and net profit of $195 million. In comparison, last year the company earned revenue of $1.21 billion and had a GAAP net loss of $320 million.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock.

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Agilent Technologies, Inc. provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. It operates through the following segments: Life Sciences & applied markets; Diagnostics & Genomics; and Agilent CrossLab.