Camtek price target raised to $52 from $44 at Stifel

Stifel raised the firm’s price target on Camtek to $52 from $44 and keeps a Buy rating on the shares. The company’s recently reported Q2 results and outlook came in ahead of expectations, the analyst tells investors. Across the semi cap industry, Stifel has seen two areas of relative strength this year, China and advanced packaging, and the company has a favorable mix of both.