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Fly News Breaks for December 21, 2017
BRKS
Dec 21, 2017 | 05:50 EDT
Stephens analyst Drew Jones initiated Brooks Automation with an Overweight and $32 price target telling investors it is in the early stages of revenue growth and margin expansion in its life sciences sample management business and is a leader in the semiconductor automation equipment side of the business. Jones does not believe the market fully appreciates the new life sciences business and expects a valuation re-set.
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