NasdaqGS:BRKRLife Sciences
Artisan Partners Backs Bruker As Acquisitions And Pipeline Face Market Headwinds
Artisan Partners has taken a new small cap position in Bruker (NasdaqGS:BRKR), citing confidence in the company’s acquisitions and product pipeline.
The investment thesis points to anticipated easing of short term market headwinds as a support for future profit growth.
Bruker’s share price stands at $34.03 after a period of pressure, with the stock down 7.6% over the past week and 6.8% over the past month. The drawdown is more extended over longer periods, with a 29.3% decline year to date...