BofA raised the firm’s price target on Camtek (CAMT) to $160 from $140 and keeps a Buy rating on the shares. The firm raised targets across its semicap coverage given a stronger multi-year demand outlook, increasing visibility, greater customer diversification and the potential for higher free cash flow generation in the upturn.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $141 from $123 at Goldman Sachs
- Camtek price target raised to $135 from $125 at Needham
- Camtek price target raised to $140 from $128 at BofA
- Camtek price target raised to $120 from $110 at Cantor Fitzgerald
- Camtek’s Balanced Risk/Reward Scenario Amid Growth Opportunities and Challenges