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Nova price target raised to $345 from $280 at Benchmark

Benchmark raised the firm’s price target on Nova (NVMI) to $345 from $280 and keeps a Buy rating on the shares after the company posted upside for Q3 with record memory sales driven by DRAM and HBM. For 2026, the firm projects non-GAAP EPS growing 12% year-over-year to $9.76 on sales of $932M, the analyst noted.

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