UBS Raises Numbers on ATMI Inc. (ATMI); Growth Engines Offset Seasonality

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February 3, 2012 1:12 PM EST
Get Alerts ATMI Hot Sheet
Price: $33.98 --0%

Rating Summary:
    0 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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UBS maintains a 'Neutral' on ATMI Inc. (NASDAQ: ATMI) price target raised from $20 to $25.

UBS analyst said, "Solid 4Q11 beat despite declining wafer starts q/q...We believe ATMI’s strong position at its key customers, 2% gross margin improvement from SDS integration and strong HPD sales likely help it outgrow the market by 400 bps in 2012. We raise our FY12 and FY13 estimates to $1.50 and $1.80 from $1.35 and $1.70 previously."

For an analyst ratings summary and ratings history on ATMI Inc. click here. For more ratings news on ATMI Inc. click here.

Shares of ATMI Inc. closed at $23.84 yesterday.

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