Brooks Automation announces retirement of CFO The company announced that Martin S. Headley, executive vice president and CFO has given notice of his intention to retire. The company and Headley have agreed in principle to the terms of a retention agreement pursuant to which he would remain in his role through the end of June. The company will be initiating a search and expects to be able to name a successor within this timeframe.
Brooks Automation price target raised to $15 from $13 at Stifel Stifel increased its price target on Brooks Automation after the company reported stronger than expected Q4 results. The firm thinks the company is beginning to benefit from a rebound in its semiconductor business Wells believes that the long-term outlook for the company's life sciences business remains on track, and it is upbeat on the company's next generation -150 degree Celsius small storage system. Wells keeps an Outperform rating.