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Published on 7/27/2005 in the Prospect News Biotech Daily.

Perkin Elmer kept by Merrill Lynch at buy

Perkin Elmer Inc. was maintained by Merrill Lynch analyst Darryl Pardi at a buy rating with a price target on the stock of $26 per share following second-quarter earnings. Perkin Elmer shares Wednesday lost $0.61, or 2.83%, to close at $20.94 on volume of 2,020,200 shares versus the three-month running average of 822,748 shares.


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