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To: robert b furman who wrote (1044)8/29/2018 12:18:08 AM
From: Ian@SI  Read Replies (1) | Respond to of 1138
 
another BRKS fan...

2018-08-28 02:48:44 PM ET (MT Newswires)

02:48 PM EDT, 08/28/2018 (MT Newswires) -- Janney has boosted its fair value target on Brooks Automation (BRKS) to $56 from $40 while retaining its buy rating, after the sale of its Cryo Vacuum semiconductor business for $675 million.

"With the sale of its lowest growth semi-business, the M&A launches BRKS into the Life Science market," analyst Paul Knight said in a note, expecting Life Science revenue to rise to 40% of revenue in FY20 from 28%.