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Fly News Breaks for April 19, 2017
PKI
Apr 19, 2017 | 08:29 EDT
Cantor Fitzgerald analyst Bryan Brokmeier downgraded PerkinElmer to Neutral citing a more cautious near-term view due to a moderation of newborn screening growth in China, the uncertain geopolitical environment and an over-reliance on new product introductions. The analyst keeps a $60 price target for the shares. Brokmeier notes that his long-term thesis on the PerkinElmer remains positive.
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