Agilent Technologies Ahead Of Consensus, Jefferies Reports

Agilent Technologies' (NYSE: A) fiscal-4Q10 EPS of $0.65 was $0.05 ahead of consensus on materially stronger organic revenue and profitability experiences (63% incremental operating margins ex-VARI), Jefferies & Company reports.

“We are raising our FY11 EPS forecast to $2.40 (from $2.30),” Jefferies & Company writes. “Our price target moves to $45 (from $42) on higher cash flow forecasts.”

Agilent Technologies closed Friday at $36.36.