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Lasertec upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Lasertec (LSRCY) to Buy from Neutral with a price target of 50,000 yen, up from 28,000 yen. The firm’s raised rating and target reflects the potential for the company’s new A200HiT product to be adopted by leading-edge logic/foundry wafer fabs from FY6/27 onward, the analyst tells investors.

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