Why Nordson Corporation Stock Popped 18% Today
Shares of adhesives- and coatings-dispensing equipment maker Nordson Corporation (NASDAQ: NDSN) stock jumped nearly 18% Thursday, and they're still up close to their highs of the day (up 17.9%) as of 11:15 a.m. EST. The reason, as you might suspect, is earnings.
Last night, Nordson beat analyst expectations with a report of $573.9 million in fiscal fourth-quarter 2017 sales and profits of $1.37 per share.
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Source: Fool.com
Nordson Corp. Stock
€230.30
0.820%
With 8 Buy predictions and not the single Sell prediction the community is currently very high on Nordson Corp..
As a result the target price of 266 € shows a slightly positive potential of 15.5% compared to the current price of 230.3 € for Nordson Corp..
