Kulicke & Soffa price target raised to $35 from $30 at B. Riley

B. Riley analyst Craig Ellis raised the firm’s price target on Kulicke & Soffa to $35 from $30 and keeps a Neutral rating on the shares. The firm upped price targets in semiconductor capital equipment following the SEMICON West conference. Riley believes “significant order upside is likely for many in the months and quarters ahead as fuel for another leg up” in the stocks.