RBC Capital analyst Arun Viswanathan raised the firm’s price target on Qnity Electronics (Q) to $200 from $150 and keeps an Outperform rating on the shares after it’s Q1 earnings beat. The company continues to see strong volumes, especially in Interconnect, which grew greater than 20% in Q1 on advanced packaging, AI-PCBs, and Thermal Management which were all greater than 30%, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on Q:
- Qnity Electronics price target raised to $170 from $150 at Mizuho
- Qnity Electronics price target raised to $180 from $175 at BMO Capital
- Qnity Electronics price target raised to $180 from $170 at Deutsche Bank
- Qnity Electronics Lifts Guidance After Record Earnings
- Early notable gainers among liquid option names on May 12th