Agilent Technologies, Inc. (A) Price Target Cut to $155 at Baird

Core Insights - Agilent Technologies, Inc. is recognized as one of the 10 stocks that could see significant growth by 2026 [1] - The company reported Q1 2026 revenue of $1.8 billion, with core revenue growth of 4.4% year-over-year and reported growth of 7.0%, aided by a 2.6% currency tailwind [3] - Agilent reaffirmed its full-year FY26 core revenue growth guidance of 4%–6% and increased its EPS range to $5.90–$6.04, indicating confidence in steady margin expansion and resilient demand [3] Financial Performance - Q1 2026 operating cash flow was $268 million, with capital expenditures of $93 million [3] - The company returned $152 million to shareholders through share repurchases and $72 million in dividends during the quarter [3] - Agilent maintained a net leverage ratio of 0.8x, preserving financial flexibility for continued shareholder returns and potential acquisitions [3] Analyst Ratings and Price Targets - Baird lowered its price target on Agilent to $155 from $165 while maintaining an Outperform rating after Q4 results that were modestly below expectations [2] - TD Cowen reduced its price target to $157 from $170 but reiterated a Buy rating, noting that first-quarter results were affected by East Coast snowstorms [2]