B. Riley raised the firm’s price target on Camtek to $110 from $102 and keeps a Buy rating on the shares. The company’s Q1 sales and earnings solidly exceeded estimates, and Q2’s guide was also better led by multiple secular tailwinds, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAMT: