Bruker (BRKR) Tops Q4 EPS by 11c, FY EPS Guidance Tops Views
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Jefferies Reiterates Buy and Raises Price Target on Bruker (BRKR) Seeing Signals of Rising Confidence
February 11, 2016 9:57 AM ESTJefferies reiterated a Buy rating on Bruker (NASDAQ: BRKR), and raised the price target to $28.00 (from $25.00), following the company's 4Q earnings report. Jefferies believes BRKR's comfort in setting initial 2016 EPS guidance ~10% above consensus signals rising confidence in its operating trajectory. At the mid-point,... More
Leerink Partners Raised Price Target on Bruker (BRKR) Following Strong 4Q
February 11, 2016 9:29 AM ESTLeerink Partners reiterated an Outperform rating on Bruker (NASDAQ: BRKR), and raised the price target to $26.00 (from $25.00). 4Q revenue of $478M came in well above Leerink's consensus-like forecast of $468M. Adjusted EPS of $0.38 was also well above consensus-like $0.27 forecast, on better-than-expected EBIT... More
