Bernstein initiated coverage of BE Semiconductor (BESIY) with an Outperform rating and EUR 167 price target The firm initiated the European semiconductor sector with the view that advanced packaging and new material adoption will drive semiconductor performance improvement going forward. Lithography and traditional feature-shrinking, on the other hand, are seeing diminishing returns despite being the major performance driver for decades, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BESIY:
- BE Semiconductor’s Upgraded Revenue Targets and AI Expansion Drive Buy Rating
- BE Semiconductor upgraded to Buy from Hold at Kepler Cheuvreux
- BE Semiconductor initiated with an Overweight at JPMorgan
- BE Semiconductor upgraded to Hold from Reduce at HSBC
- BE Semiconductor: Hold Rating Amid Reduced Revenue Estimates and Balanced Risk-Reward Profile