PerkinElmer (PKI) Misses Q4 EPS by 1c; Guides FY16 EPS Below Views

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Mizuho Securities Maintains Buy as PerkinElmer (PKI) Provides Positive Commentary on China Post 4Q

February 5, 2016 8:12 AM EST

Mizuho Securities maintained a Buy rating on PerkinElmer (NYSE: PKI), and cut the price target to $52.00 (from $58.00), following the company's 4Q earnings report. PKI missed consensus estimates by $9mm and $0.01. Management had positive commentary on PKIs blood screening business in China. Mizuho... More