PerkinElmer (PKI) Declares $0.07 Quarterly Dividend; 0.3% Yield

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PerkinElmer (PKI) PT Raised to $91 at Piper Jaffray

January 26, 2018 9:07 AM EST

Piper Jaffray raised its price target on PerkinElmer (NYSE: PKI) to $91.00 (from $81.00) while maintaining a Overweight rating.

Analyst William Quirk commented, "PerkinElmer delivered a good 4Q17 beat, with 13% revenue growth to $641.6M (+6% organic), ahead of the Street's $618.7M estimate (+4.8% organic). Normalized EPS of $0.97 was also above... More