BofA analyst Michael Mani raised the firm’s price target on Nova (NVMI) to $450 from $380 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 50% 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 NVMI:
- Nova CFO to Present at 28th Annual Needham Growth Conference on January 14, 2026
- Nova to Announce Q4 and Full-Year 2025 Results on February 12, 2026
- Nova Appoints Veteran Tech Investor Rami Hadar to Board of Directors
- Nova appoints Hadar to its Board of Directors
- Nova price target raised to $380 from $360 at BofA