12:45 AM EDT, 10/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our target price to $160 (from $143), 26.2x our FY 26 (Oct.) EPS view, in line with A's five-year forward P/E average. We retain our FY 25 EPS estimate at $5.59 and FY 26's at $6.10. We still expect the solid momentum seen in Q3 FY 25 to continue, boosted by the company's recent successful product launches such as the Infinity Lab Pro iQ Series instruments, which are considered as highly efficient, next generation LC-mass detection devices. We think the company's focus on innovation is bringing results, especially as it capitalizes on the replacement cycle of instruments that has started to take place. We also continue to be positive on the three-year "Ignite" transformation program that the company first announced in Q4 FY 24, which we see as the right strategic move in the current operating environment. The program aims to accelerate growth and expand margins via a number of operational excellence initiatives, such as supply chain optimization, organizational restructuring, and strategic pricing.