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Bruker price target lowered to $46 from $50 at Barclays

Barclays lowered the firm’s price target on Bruker (BRKR) to $46 from $50 and keeps an Overweight rating on the shares. The company’s guidance was cut but Barclays is confident in the second half ramp, the analyst tells investors in a research note. The firm says Bruker’s valuation is pricing in further earnings declines.

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