UBS Maintains Buy Rating for Bruker: Here's What You Need To Know

UBS has decided to maintain its Buy rating of Bruker BRKR and raise its price target from $86.00 to $94.00.

Shares of Bruker are trading down 0.8% over the last 24 hours, at $79.41 per share.

A move to $94.00 would account for a 18.37% increase from the current share price.

About Bruker

Bruker Corp manufactures scientific instruments and diagnostic tests for customers in the life sciences, pharmaceutical, and biotechnology industries. It operates in four operating segments: Bruker Scientific Instruments (BSI) BioSpin, BSI CALID, BSI Nano and Bruker Energy and Supercon Technologies (BEST). The company generates maximum revenue from the BSI CALID segment. Geographically, it derives a majority of its revenue from Europe.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.