Credit Suisse Assumes Rudolph Technologies (RTEC) at Neutral

Credit Suisse assumes coverage on Rudolph Technologies (NYSE: RTEC) with a Neutral rating and a price target of $9.00.

Analyst F. Ahmad said they view RTEC as the most levered stock to the fast-growing advanced packaging market (2013 - 17 CAGR > 15%); however, we remain Neutral, as we expect that back-end spending will decline in 2015.

For an analyst ratings summary and ratings history on Rudolph Technologies click here. For more ratings news on Rudolph Technologies click here.

Shares of Rudolph Technologies closed at $10.40 yesterday.

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