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Bruker upgraded to Overweight at JPMorgan following ‘strong’ guidance
The Fly

Bruker upgraded to Overweight at JPMorgan following ‘strong’ guidance

As previously reported, JPMorgan upgraded Bruker to Overweight from Neutral with a price target of $90, up from $60, after the company reported a “sizeable” Q4 beat and gave “strong,” better-than-expected 2024 guidance. Most notably, the company pulled forward its 2026 revenue and non-GAAP EPS targets to 2025, which points to sustainable demand and competitive positioning, the analyst tells investors.

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