Bruker (BRKR) Tops Q1 EPS by 6c

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Bruker Corp (BRKR) PT Raised to $30 After Monster Beat - Jefferies

May 5, 2016 9:30 AM EDT

Jefferies analyst, Brandon Couillard is more positive on Bruker (NASDAQ: BRKR) after 1Q16 EPS of $0.21 blew away consensus of $0.06 on better operational execution, timing and a lower tax rate. BRKR's self-help initiatives continue to gain traction even though 2016/17 forecasts are largely unchanged. That... More

Leerink Partners Raises Price Target on Bruker (BRKR) to $28 Following 1Q Beat

May 5, 2016 7:45 AM EDT

Leerink Partners reiterated a Market Perform rating on Bruker (NASDAQ: BRKR), and raised the price target to $28.00 (from $27.00), following the company's 1Q earnings report. BRKR's revenue of $375M was 4% above consensus on stronger organic sales growth. Adjusted EPS of $0.21 beat consensus of $0.15... More