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PDF Solutions price target raised to $47 from $37 at Rosenblatt

Rosenblatt analyst Blair Abernethy raised the firm’s price target on PDF Solutions (PDFS) to $47 from $37 and keeps a Buy rating on the shares as part of a Q1 earnings preview. The firm expects improvements across PD’s business and sees potential upside to medium-term estimates due to improving semiconductor wafer production and “healthy” semiconductor capital equipment volumes.

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