PerkinElmer (PKI) Tops Q1 EPS by 5c, Raises FY EPS Guidance

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PerkinElmer (PKI) PT Raised to $56 at Mizuho

May 6, 2016 7:24 AM EDT

Mizuho Securities analyst Eric Criscuolo reiterated a Buy rating and bumped his price target on PerkinElmer (NYSE: PKI) to $56.00 (from $52.00) following Q1 top and bottom line beat and raised guidance.

Criscuolo commented, "PKI beat consensus estimates and raised guidance. Op margins significantly outperformed... More