Goldman Sachs Upgrades Bruker to Strong-Buy

Bruker (NASDAQ:BRKR) has received an upgrade from The Goldman Sachs Group to 'Strong-Buy' from 'Strong Sell'. This change was announced on Monday, according to Zacks.

The company has been the subject of several other reports in recent weeks. TD Cowen maintained a 'Hold' rating on shares of Bruker in a research note on July 15th, while Leerink Partners increased their target price from $60.00 to $70.00 and assigned an 'Outperform' rating on July 7th.

JPMorgan Chase & Co. raised their price target from $55.00 to $65.00 and gave the company an 'Overweight' rating in a report on June 8th, while Barclays increased their price objective from $53.00 to $60.00 and assigned an 'Overweight' rating on June 24th.

Two equities research analysts have given Bruker a 'Strong Buy' rating, six have assigned a 'Buy' rating, five have given a 'Hold' rating, and one has assigned a 'Sell' rating to the company. The consensus rating among analysts is 'Moderate Buy', with an average target price of $57.00.