Argus Lowers its Price Target on Becton, Dickinson and Company (BDX) to $180 from $230

Becton, Dickinson and Company (NYSE:BDX) is 1 of the  7 Most Undervalued Blue Chip Stocks to Invest In.

On March 23, 2026, Argus lowered the terms people connected Becton, Dickinson and Company (NYSE:BDX) to $180 from $230 and maintained a Buy rating, citing the company’s modulation toward a pure-play medtech exemplary pursuing the spin-off of its Biosciences and Diagnostics Solutions business. Argus besides noted the banal trades astatine astir 11.5 times guardant earnings, beneath the 20.4 times mean for its MedTech sum universe.

Earlier successful the month, Becton, Dickinson and Company (NYSE:BDX) announced it received FDA 510(k) clearance for Surgiphor 1000mL, described arsenic the archetypal 1000 mL antimicrobial irrigation strategy designed for powered lavage, aimed astatine improving surgical ratio and safety.

Last month, the institution reported Q1 adjusted EPS of $2.91, supra the $2.81 statement estimate, connected gross of $5.3B versus $5.15B expected. CEO Tom Polen said results reflected “stronger-than-expected” show driven by execution and maturation crossed cardinal markets, adding that the institution is “fully pivoting to New BD” pursuing its portfolio changes, with a absorption connected innovation, productivity, and semipermanent growth.

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Becton, Dickinson and Company (NYSE:BDX) develops and sells aesculapian devices, laboratory equipment, and diagnostic products globally.

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