PerkinElmer (PKI) Tops Q1 EPS by 4c

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KeyBanc Downgrades PerkinElmer (PKI) to Sector Weight

May 4, 2015 6:53 AM EDT

KeyBanc downgraded PerkinElmer (NYSE: PKI) from Overweight to Sector Weight and removed its price target. The change is tied to valuation.

Analyst Matthew Mishan said, "Having exceeded our $52 PT following 1Q15 earnings, we are downgrading PKI to SW from OW. Our... More