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Fly News Breaks for September 13, 2017
BRKS
Sep 13, 2017 | 09:27 EDT
Janney Capital analyst Paul Knight said Brooks Automation's Life Science business has posted the strongest organic growth among companies in the space he covers and he sees a long runway for growth and opportunity for M&A. He increased his revenue and earnings estimates for FY18, FY19, and FY20 and raised his fair value estimate on Brooks shares to $35 from $30 while keeping a Buy rating on the stock.
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