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Becton Dickinson upped to strong buy by Raymond James

June 30, 2017

Raymond James upgraded Becton Dickinson (NYSE: BDX) from Outperform to Strong Buy with a price target of $226.00 (from $210.00).

Analyst Lawrence Keusch believes the stock should be a core holding noting the outlook for above average organic growth and mid-teens EPS increases with upside capability. He likes the FCF generation potential and says the company appears undervalued.

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