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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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From: Donald Wennerstrom8/7/2017 11:28:35 AM
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Brooks Automation upgraded to Buy from Hold at Stifel
9:16 AM ET 8/7/17 | Briefing.com

Stifel upgrades BRKS to Buy from Hold and raises their tgt to $32 from $22.

Firm has been incrementally more positive on the life sciences business and believe this segment is on track for strong growth in 2018 and displaying some of the earnings leverage inherent in its model. As this business grows, firm believes it will be the key catalyst for additional stock price appreciation. With the recent pullback in the stock price (due to its semi exposure), they believe current prices represent an attractive entry point into the name.
BRKS presently up about 9% this morning
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