Stiffel Nichlaus broker upgrade today.
Stifel upgrades Brooks Automation (BRKS) to buy from hold saying it is more comfortable with growth potential in company's life sciences division. Stifel says BRKS has a strong product assortment in the cold bio sample storage market. Stifel puts a $13 price target on the shares based on a sum of the parts analysis, with the biggest segment, semiconductor and periphery markets automation, accounting for $8, followed by life sciences, $4, and global services at about $1. BRKS climbs 3.3% premarket to $10.25, cutting into the 7% loss over the last three months. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
Stifel upgrades Brooks Automation (BRKS) to buy from hold saying it is more comfortable with growth potential in company's life sciences division. Stifel says BRKS has a strong product assortment in the cold bio sample storage market. Stifel puts a $13 price target on the shares based on a sum of the parts analysis, with the biggest segment, semiconductor and periphery markets automation, accounting for $8, followed by life sciences, $4, and global services at about $1. BRKS climbs 3.3% premarket to $10.25, cutting into the 7% loss over the last three months. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
Hello 10's in pre market |
