Orbotech Ltd. (ORBK) PT Raised to $40 at Needham & Company
Tweet
Share
E-mailGet Alerts ORBK Hot Sheet
Price: $65.77 --0%
Rating Summary:
6 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 6 | New: 31
Rating Summary:
6 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 6 | New: 31
Join SI Premium – FREE
Needham & Company raised its price target on Orbotech Ltd. (NASDAQ: ORBK) to $40.00 (from $38.00) while maintaining a Buy rating following beat and raise quarter.
Analyst James Ricchiuti performance was driven by record bookings and another quarter of double-digit growth in PCB and accelerating growth in flat panel display (FPD). Meanwhile, guidance was raised as ORBK apparently has a good line of sight to the business through Q4, the analyst said.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Constellation Brands (STZ) PT Lowered to $145 at UBS on Softer Consumer Backdrop
- Philip Morris (PM) PT Raised to $193 at UBS, Neutral Rating Maintained
- Needham Starts NANO Nuclear Energy (NNE) at Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
Needham & CompanySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
