Stifel raised the firm’s price target on Camtek (CAMT) to $120 from $115 and keeps a Buy rating on the shares. Camtek’s Q3 results slightly exceeded estimates, with the Q4 guidance also slightly above the firm’s model, the analyst tells investors in a research note. The firm also noted that management was adamant that 3D metrology share in HBM4 is intact, with upgrades to its high-end Hawk metrology/inspection platform coming early next year.
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