tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Camtek downgraded to Neutral from Buy at BofA

BofA analyst Vivek Arya downgraded Camtek (CAMT) to Neutral from Buy with a price target of $95, up from $80. The company’s Q2 sales and pro-forma EPS were both 2% ahead of the Street, notes the analyst, whose calendar 2025 EPS estimate is unchanged. The firm lowered its calendar year 2026 EPS view by 2% and argues that its FY26 estimates seem “fairly credited” in its new price target The firm cites growth deceleration and limited near-term catalysts for its downgrade.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1