Brooks Automation rallies on Stifel upgrade

|About: Brooks Automation, Inc. (BRKS)|By:, SA News Editor

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.