Piper Jaffray Raises Estimates On Rofin-Sinar

According to Piper Jaffray, Rofin-Sinar RSTI estimates are raised. Piper Jaffray said that it is adjusting estimates upward for both FY11 and FY12 as industrial laser system sales appear poised to return to near CY08's peak levels sooner than expected. “We continue to view Rofin as an attractively valued play on expanding industrial laser use.” Rofin-Sinar closed on Friday at $34.11.