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UPDATE: Bank Of America Reiterates On Catalent On Operationally Solid F1Q
Friday, November 14, 2014 - 11:02am | 186In a report published Friday, Bank of America analyst Derik de Bruin reiterated a Buy rating on Catalent (NYSE: CTLT), and raised the price target from $26.00 to $28.00. In the report, Bank of America noted, “F1Q revenues of $418mn (+1% y/y, +1% constant currency (‘CC')) were above our $406mn (-1.9...
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UPDATE: Bank Of America Reiterates On Agilent Technologies Following Investor Presentations
Monday, October 20, 2014 - 7:51am | 185In a report published Monday, Bank of America analyst Derik de Bruin reiterated a Buy rating on Agilent Technologies (NYSE: A), but lowered the price target from $64.00 to $59.00. In the report, Bank of America noted, “On Monday (10/20), Agilent (A) and Keysight (KEYS) will begin trading separately...
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UPDATE: Bank Of America Reiterates On FEI Company On Solid Q2/Weak 2H14 Guidance
Thursday, July 31, 2014 - 10:29am | 139In a report published Thursday, Bank of America analyst Derik de Bruin reiterated a Buy rating on FEI Company (NASDAQ: FEIC), but lowered the price target from $100.00 to $96.00. In the report, Bank of America noted, “FEIC reported total revenues of $237mn (+6.5% y/y, +5.3% organic, -0.2% F/X, +1.4...
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UPDATE: Bank of America Reiterates On Affymetrix As Growth/Profitability Improve
Friday, May 2, 2014 - 8:17am | 113In a report published Friday, Bank of America analyst Derik de Bruin reiterated an Underperform rating on Affymetrix (NASDAQ: AFFX), and raised the price target from $7.00 to $7.50. In the report, Bank of America noted, “Affymetrix is a pioneer in the development and commercialization of DNA...
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UPDATE: Bank of America Reiterates on Thermo Fisher Scientific on Favorable Risk-Reward
Friday, March 21, 2014 - 8:08am | 140In a report published Friday, Bank of America analyst Derik de Bruin reiterated a Buy rating on Thermo Fisher Scientific (NYSE: TMO), and raised the price target from $128.00 to $142.00. In the report, Derik de Bruin noted, “Following our visit to TMO's mass spectrometry facility (link), we are...
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UPDATE: Bank Of America Reiterates On Quintiles Transnational Holdings On Strong Product Development Sales
Friday, February 14, 2014 - 8:59am | 106In a report published Friday, Bank of America analyst Derik de Bruin reiterated a Buy rating on Quintiles Transnational Holdings (NYSE: Q), and raised the price target from $55.00 to $60.00. In the report, Bank of America noted, “We are positive on Quintiles' outlook as industry challenges ease...
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UPDATE: Bank of America Reiterates on Genomic Health as 2014 Outlook is Below Expectations
Wednesday, February 5, 2014 - 11:14am | 188In a report published Wednesday, Bank of America analyst Derik de Bruin reiterated an Underperform rating on Genomic Health (NASDAQ: GHDX), but lowered the price target from $30.00 to $28.00. In the report, Bank of America noted, “GHDX expects to deliver 15-20% test vol. growth in FY14 , assuming...
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Bank of America Comments on FDA Approval of Bruker Corporation's MALDI Biotyper CA System
Friday, November 29, 2013 - 11:18am | 132In a report published Friday, Bank of America analyst Derik de Bruin reiterated a Buy rating and $25.00 price target on Bruker Corporation (NASDAQ: BRKR). In the report, Bank of America noted, “On 11/26, BRKR announced that it received 510-k approval for its MALDI Biotyper CA System, a mass...
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UPDATE: Bank of America Downgrades Waters Corporation Following Weaker 3Q13 Earnings Results
Wednesday, October 23, 2013 - 10:06am | 145In a report published Wednesday, Bank of America analyst Derik de Bruin downgraded the rating on Waters Corporation (NYSE: WAT) from Buy to Neutral, and lowered the price target from $113.00 to $105.00. In the report, Bank of America noted, “On 10/22 WAT reported 3Q13 earnings results that were...
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UPDATE: Bank of America Downgrades Cepheid on Fair Valuation
Tuesday, October 1, 2013 - 8:54am | 172In a report published Tuesday, Bank of America analyst Derik de Bruin downgraded the rating on Cepheid (NASDAQ: CPHD) from Buy to Neutral, but raised the price target from $39.00 to $41.00. In the report, Bank of America noted, “While we remain positive on CPHD's technology and progress in...
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UPDATE: Bank of America Downgrades Genomic Health on Lack of Near-Term Catalysts, Limited Upside
Tuesday, October 1, 2013 - 8:54am | 143In a report published Tuesday, Bank of America analyst Derik de Bruin downgraded the rating on Genomic Health (NASDAQ: GHDX) from Neutral to Underperform, and lowered the price target from $36.00 to $33.00. In the report, Bank of America noted, “While we are impressed by GHDX's execution and are...
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UPDATE: Bank of America Upgrades Bruker on Margin Potential
Friday, August 9, 2013 - 8:59am | 204In a report published Friday, Bank of America analyst Derik de Bruin upgraded Bruker (NASDAQ: BRKR) from Neutral to Buy, and raised the price target from $20.00 to $26.00. In the report, Bank of America noted, “We have been positive on BRKR's technology, as most years BRKR has organically grown...
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UPDATE: Bank of America Initiates Quintiles Transnational at Buy on Positive Outlook
Tuesday, June 18, 2013 - 8:43am | 112In a report published Tuesday, Bank of America analyst Derik de Bruin initiated coverage on Quintiles Transnational (NYSE: Q) with a Buy rating and $51.00 price target. In the report, Bank of America noted, “We are positive on Quintiles' outlook as industry challenges ease and as the company's...
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UPDATE: Bank of America Downgrades Genomic Health on Lack of Catalysts
Tuesday, June 18, 2013 - 8:38am | 122In a report published Tuesday, Bank of America analyst Derik de Bruin downgraded the rating on Genomic Health (NASDAQ: GHDX) from Buy to Neutral, and lowered the price target from $43.00 to $36.00. In the report, Bank of America noted, “We are impressed by Genomic Health's scientific and...
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UPDATE: Bank of America Downgrades Myriad Genetics as Competitive Concerns Emerge
Friday, June 14, 2013 - 8:36am | 264In a report published on Friday, Bank of America analyst Derik de Bruin downgraded its rating on Myriad Genetics (NASDAQ: MYGN) from Buy to Neutral. Bank of America also lowered its price target on the company from $37 to $35. In the report, Bank of America commented that, "Yesterday, the...