Oppenheimer Holdings Reiterates Outperform Rating, $70 PT on Nordson Corporation
Posted on December 17, 2012 at 10:57 AM EST
In a report published Monday, Oppenheimer Holdings reiterated its Outperform rating and $70.00 price target on Nordson Corporation (NASDAQ: NDSN ). Oppenheimer Holdings noted, “Broad-based demand and contributions from recent acquisitions drove record results, as margin-dilutive mix shift moderated pull-through of the overall demand strength. Lower margin outlook for 1Q13