Northland analyst Gus Richard lowered the firm’s price target on Camtek (CAMT) to $105 from $120 and keeps an Outperform rating on the shares after the company reported non-GAAP EPS of 79c, 2c above consensus, and increased guidance slightly. Following the report, the firm lifts estimates “slightly,” but believes its estimates are conservative, noting that it trimmed its price target on sector multiple compression.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAMT:
- Camtek price target raised to $95 from $85 at B. Riley
- Camtek’s Strong Market Position and Growth Potential Earns Buy Rating from Analyst
- Camtek Reports Record Q1 2025 Financial Results
- Camtek’s Growth Potential: Buy Rating Backed by AI, HPC, and New Product Releases
- Camtek price target lowered to $84 from $105 at Stifel
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue