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Fly News Breaks for March 14, 2016
BRKR
Mar 14, 2016 | 09:23 EDT
Stifel analyst Miroslava Minkova raised her price target for Bruker to $32 from $25 as she expects the company's fundamental improvement to continue over the next 3-4 years. Minkova believes Bruker's "normalized" earnings power could be in the $1.50-$2 per share range, above her current $1.37 estimate for 2019. The analyst reiterates her Buy rating on the stock.
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