Information Provided By:
Fly News Breaks for April 28, 2015
TMO, VWR, ILMN, WAT
Apr 28, 2015 | 11:48 EDT
Mizuho said Waters' (WAT) guidance appears conservative, noting that the company raised its FY15 EPS outlook by less than its Q1 earnings beat, adding that tougher comps in the second half are keeping management cautious. The firm raised its price target on the stock to $120 from $105 but maintains its Neutral rating, saying it prefers Illumina (ILMN), VWR (VWR) and Thermo Fisher (TMO) in the space.