J.P. Morgan Raises PT From $53 To $59 And Reiterates Overweight Rating On Agilent Technologies (A)

In a recent report, J.P. Morgan has raised the price target on Agilent Technologies A from $53.00 to $59.00 and reiterated an overweight rating on the company after strong April quarter results. In the report, J.P. Morgan said, "Agilent is well positioned in high growth markets benefiting from a mid-cycle, next-generation technology investment cycle. Despite a likely sharp move up in Consensus estimates, upside potential remains, in our view." Agilent Technologies closed Friday at $52.58.