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To: richardred who wrote (1222)	11/9/2012 10:39:17 AM
From: The Ox	1 Recommendation Read Replies (2) of 8239

Needham & Company maintained a Buy rating on Brooks Automation Inc. (NASDAQ: BRKS) and trimmed its price target to $9.00 (from $10.00). Today Brooks reported Q4 EPS of 8 cents, 3 cents ahead of estimates, but Q1 guidance was well below street estimates. "While the outlook is disappointing, we believe it is largely due to sector weakness and BRKS's position as a sub-system supplier with outsized exposure to smaller Korean OEMs. We believe business could bounce back more sharply when the sector recovers," said analyst Y. Edwin Mok. "Longer term, we continue to believe its expansion into life science, its focus on new design wins, and steps taken to improve margins will enable the company to resume revenue and earnings growth," added Mok. For an analyst ratings summary and ratings history on Brooks Automation Inc. click here. For more ratings news on Brooks Automation Inc. click here. Shares of Brooks Automation Inc. closed at $7.23 yesterday, with a 52 week range of $7.08-$12.65.

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