PerkinElmer Inc logo

PKI - PerkinElmer Inc News Story

$139 1.5  1.1%

Last Trade - 2:56pm

Large Cap
Market Cap £11.10bn
Enterprise Value £12.24bn
Revenue £3.31bn
Position in Universe 728th / 6854

BUZZ-Macros for medtech sector favorable- Evercore

Wed 7th April, 2021 12:14pm
** Evercore ISI says macroeconomic background for the
medtech sector should be favorable 
    ** Says conservative outlook and procedure rebounds make
numbers achievable; expects Q1 results to come in line with
    ** However, expects procedure volumes to remain challenged
in Q1, but Q2 should see procedures come back to pre-pandemic
levels; industry sources suggest March volume at 70%-80% of
pre-COVID levels
    ** Says point-of-care COVID-19 antigen tests could have a
role in re-opening the economy; positive for Abbott Laboratories
 ABT.N , OraSure Technologies  OSUR.O  and PerkinElmer Inc
    ** Says bioprocessing business is accelerating, which bodes
well for Thermo Fisher Scientific  TMO.N  and Danaher Corp
    ** New Biden stimulus plan could be an upside- Evercore
    ** ABT, OSUR, PKI, TMO and DHR up between 4% and 76% in last
12 months

 (Reporting by Trisha Roy in Bengaluru)
 ((; within U.S. +1 646 223 8780,
outside U.S. +91 80 6182 3635;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.