Camtek price target raised to $105 from $85 at Jefferies

Jefferies raised the firm’s price target on Camtek (CAMT) to $105 from $85 and keeps a Buy rating on the shares following what the firm calls “another solid quarter.” The magnitude of the risk of an HBM correction in the case of Samsung qualifying for HBM4 “continues to come down as the rest of the business grows,” according to the analyst, who adds that the technology road map “continues to perform well.”