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Fly News Breaks for August 22, 2019
BRKS
Aug 22, 2019 | 16:34 EDT
Stephens analyst Jacob Johnson resumed coverage of Brooks Automation with an Equal Weight rating and $35 price target. The analyst said the life sciences slowdown is likely to result in reset expectations. Johnson added that if expectations reset and Brooks Automation begins executing, he could make a bull case of $54 per share for the sum-of-parts valuation.
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