PerkinElmer (PKI) Tops Q2 EPS by 1c, Approves 8M Share Buyback

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Mizuho Securities Downgrades PerkinElmer (PKI) to Neutral

August 5, 2016 6:29 AM EDT

Mizuho Securities downgraded PerkinElmer (NYSE: PKI) from Outperform to Neutral with a price target of $56.00 on valuatoin as price target hit.

Analyst Eric Criscuolo commented, "After a nice run since February and valuation approaching peak levels, we downgrade to Neutral. We see... More