BofA raised the firm’s price target on Camtek (CAMT) to $140 from $128 and keeps a Buy rating on the shares. The firm is updating its price targets for U.S. Semiconductor stocks under its coverage, the analyst tells investors. BofA views 2026 as a midpoint for an 8 to 10 year journey upgrading traditional IT infrastructure for faster, AI workloads. While stocks may remain choppy amid greater scrutiny of AI returns and hyperscaler cash flows, this should be offset by faster large language model builders and AI factories, the firm adds.
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Read More on CAMT:
- Camtek price target raised to $120 from $110 at Cantor Fitzgerald
- Camtek’s Balanced Risk/Reward Scenario Amid Growth Opportunities and Challenges
- Camtek price target raised to $140 from $130 at Jefferies
- Camtek initiated with a Neutral at Goldman Sachs
- Camtek initiated with an Equal Weight at Morgan Stanley