Close

Nova Measuring Instruments (NVMI) Enters Royalty Buyout Agreement Israel's OCS

Go back to Nova Measuring Instruments (NVMI) Enters Royalty Buyout Agreement Israel's OCS

Needham & Company Reiterates Buy on Nova Measuring Instruments (NVMI) Following Announced Royalty Buyout Agreement

August 19, 2016 8:42 AM EDT

Needham & 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