BUZZ-Jefferies lifts Nordson PT on demand recovery

Reuters01-15

** Jefferies raises PT on dispensing equipment maker Nordson NDSN.O to $275 from $250, maintains "hold" rating

** New PT implies an upside of 3.2% to stock's last close

** Brokerage says co began FY26 with 5% backlog growth and improved demand; growth to normalize across segments as macro pressures ease

** Estimates polymer solution business to post modest growth in 2026, driven by steady demand in key markets despite softness in polymer processing and autos

** Seven of 12 brokerages tracking the stock rate it "buy" or higher, five "hold"; their median PT is $276.50 - data compiled by LSEG

** NDSN rose 14.9% in 2025

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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