Bruker price target raised to $44 from $42 at BTIGBTIG analyst Sung Ji Nam raised the price target on Bruker to $44 after its Q4 results, saying the company posted solid organic revenue growth of 4.7% in FY18 and also delivered a 90bps operating margin expansion. The analyst further cites Bruker's initial 2019 guidance calling for "continued steady top line acceleration despite assumptions for more moderate end market growth and further margin expansion, driven by new product launches. Sung Ji Nam also maintains a Buy rating on Bruker. |