Cantor Fitzgerald lowered the firm’s price target on Nova (NVMI) to $300 from $315 and keeps an Overweight rating on the shares. Nova offered few surprises at its Virtual Analyst Day, the first Analyst Day since 2022, and the calendar 2027 model was taken higher, generally in line with the firm’s expectations, the analyst tells investors in a research note. The firm’s bullish view has not changed, and would recommend buying shares on any weakness.
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