UBS Maintains a 'Buy' on Bruker (BRKR); Pieces of the Puzzle Fitting Together

UBS maintains a 'Buy' on Bruker (NASDAQ: BRKR) price target raised $1 to $19.

Analyst, Daniel Arias, said, "BRKR saw improved customer sentiment vs. 4Q & broad-based demand across the portfolio, which drove growth and grew backlog. Importantly, mgmt noted that the top-line is being impacted more by technology & secular trends than macro/budget fluctuation...Going forward, BRKR’s favorable position w/i several end mkts & continuing operational improvement should enable strong sales & EPS growth in both ’12 and ’13, and we look for shares to outperform."

For an analyst ratings summary and ratings history on Bruker click here. For more ratings news on Bruker click here.

Shares of Bruker closed at $16.07 yesterday.

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