PerkinElmer (PKI) Receives a Hold from Cowen & Co.


In a report released yesterday, Doug Schenkel from Cowen & Co. reiterated a Hold rating on PerkinElmer (NYSE: PKI), with a price target of $85. The company’s shares opened today at $81.55.

According to TipRanks.com, Schenkel is a 5-star analyst with an average return of 20.0% and a 70.6% success rate. Schenkel covers the Healthcare sector, focusing on stocks such as Myriad Genetics, NanoString Tech, and Tandem Diabetes.

The word on The Street in general, suggests a Hold analyst consensus rating for PerkinElmer with a $85 average price target.

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The company has a one-year high of $86.05 and a one-year low of $62.43. Currently, PerkinElmer has an average volume of 594.9K.

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PerkinElmer, Inc. (United States) engages in the provision of products, services, and solutions to diagnostics, food, environmental, industrial, life sciences research, and laboratory services markets. It operates through the Discovery and Analytical Solutions, and Diagnostics segments.

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