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Bruker price target lowered to $40 from $48 at Stifel

Stifel analyst Daniel Arias lowered the firm’s price target on Bruker (BRKR) to $40 from $48 and keeps a Hold rating on the shares. The company’s Q2 miss and revised outlook “featured a combination of both expected and unexpected factors,” the analyst tells investors. The EPS guidance reset “should clear the deck on 2025 earnings,” and “there will come a time again to own” the stock, but in the firm’s view “we’re not there yet,” the analyst added.

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