Nova Measuring Instruments (NVMI) Enters Royalty Buyout Agreement Israel's OCS
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Needham & Company Reiterates Buy on Nova Measuring Instruments (NVMI) Following Announced Royalty Buyout Agreement
August 19, 2016 8:42 AM EDTNeedham & Company reiterated a Buy rating and $14.00 price target on Nova Measuring Instruments (NASDAQ: NVMI) following the company's announced royalty buyout agreement with Israel's Office of the Chief Scientist.
Analyst Edwin Mok commented, "Before market open, NVMI announced that it signed a royalty... More