Seeking Alpha

Brooks Automation rallies on Stifel upgrade

  • Stifel's Patrick Ho has upgraded Brooks Automation (BRKS +4.6%) to Buy, and set a $13 PT on the back of a sum-of-the-parts analysis.
  • Ho is upbeat about the growth prospects for the chip equipment maker's budding life science systems business, and sees it acting as "the key driver in the overall company's fortunes" going forward.
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