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Nordson Stock Scores Breakout On Record Q3 Results, Guidance. Analyst Hikes Target.
Nordson stock surged past a buy zone Thursday after the precision technology and medical equipment provider trounced fiscal Q3 estimates and hiked its outlook. Ohio-based Nordson (NDSN) reported a 19% increase in earnings to a Q3 record $3.25 per share adjusted, marking three straight quarters of accelerating earnings growth. Revenue surged 10% to a quarterly record of $818 million. Analysts…
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