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Camtek price target raised to $120 from $105 at Oppenheimer

Oppenheimer raised the firm’s price target on Camtek (CAMT) to $120 from $105 and keeps an Outperform rating on the shares. The firm notes shares traded down 7% after reporting in-line Q3 results with revenue of $126.0M and non-GAAP EPS of 82c, both 1% above expectations. Guidance for Q4 is flat sequential growth and a back-end-loaded 2026.

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