What's Going On With Becton Dickinson Stock Tuesday?

Financial Performance - The company reported sales of $5.25 billion, slightly above the consensus of $5.15 billion [1] - For the second quarter, the company expects adjusted earnings of $2.72 to $2.82 per share [4] Guidance - Becton Dickinson lowers fiscal 2026 adjusted earnings guidance from $14.75-$15.05 per share to $12.35-$12.65 per share compared to the consensus of $14.72 [2] - Analyst Shagun Singh noted that despite the lower-than-expected fiscal second quarter guide, the fiscal 2026 guide was kept intact as business trends are playing out as expected [4] Analyst Ratings and Price Targets - RBC Capital Markets lowered its price forecast for Becton Dickinson from $210 to $172, citing FY26 as a transition year and reflecting the Waters deal dynamics [3] - Wells Fargo maintains Becton Dickinson with an Equal-Weight and lowers the price target from $184 to $157 [6] - Piper Sandler reiterates BD with a Neutral and lowers the price target from $205 to $170 [6] - Citigroup maintains BD with a Buy and lowers the price target from $233 to $232 [6] Business Outlook - RBC models organic revenue growth of 2.5% in fiscal 2026 and 2.4% in fiscal 2027, with EPS growth of 6.0% in fiscal 2026 and 6.9% in fiscal 2027 [3] - Approximately 90% of the company's business is currently delivering mid-single digits growth [5] - The company's management is focused on tuck-in M&A, with a robust pipeline aimed at accretive M&A [5]