Shares of Agilent Technologies Inc (NYSE:A) traded higher on Thursday, after the company reported upbeat fiscal first-quarter results.

Here are the key analyst insights:

BofA Securities analyst Michael Ryskin upgraded the rating from Neutral to Buy, while cutting the price target from $150 to $145.

RBC Capital Markets analyst Dan Leonard reiterated an Outperform rating, while lifting the price target from $153 to $155.

Check out other analyst stock ratings.

BofA Securities: Agilent Technologies reported strong results for the fiscal second quarter, delivering a beat despite certain headwinds and concerns over some key markets, Ryskin said in a note. He added that the company generated:

Core growth of 6.3%, above the high end of its guidance.

Operating margin that was 80 basis points (bps) higher than the guidance.

Adjusted earnings that beat the guidance by 8 cents per share.

The Instruments segment generated high single-digit growth, once again outperforming broader tools trends, driven ...