Becton Dickinson ($BDX) is witnessing successive profit declines for the first time in at least two decades, raising the possibility of an acquisition by the likes of Johnson & Johnson ($JNJ) or private equity firms, according to Haverford Trust and Edward Jones & Co. "Becton is an undervalued company with a tremendous franchise," Hank Smith, chief investment officer at Haverford Trust, said in a telephone interview with Bloomberg. "If Becton gets too much cheaper than this it might very well find itself an acquisition target." News