Barclays analyst Tom O’Malley raised the firm’s price target on Camtek to $90 from $82 and keeps an Overweight rating on the shares following the earnings report. The company “hit a small digestion period in HBM,” but guided towards a strong pickup in the second half of 2024, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CAMT:
- CAMTEK ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND FULL YEAR OF 2023
- Camtek TO REPORT fourth Quarter AND FULL YEAR 2023 FINANCIAL Results ON february 20, 2024
- Camtek (CAMT) Q4 Earnings Cheat Sheet
- Camtek price target raised to $80 from $71 at Stifel
- Camtek upgraded to Overweight from Equal Weight at Barclays