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.
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