Camtek price target raised to $175 from $160 at Needham

Needham raised the firm’s price target on Camtek (CAMT) to $175 from $160 and keeps a Buy rating on the shares. The company’s Q4 results topped estimates while its Q1 revenue guide was slightly higher than prior expectations on an outlook that has improved in the last 2-3 months, the analyst tells investors in a research note.