Newport Corp (NEWP) Tops Q1 EPS by 12c

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Needham & Company Maintain Bullish Views for Newport (NEWP) After 1Q

May 7, 2015 8:44 AM EDT

Needham & Company maintains a Buy rating for Newport Corp. (NASDAQ: NEWP), and raised the price target to $24 (from $23) following a 1Q results.

Needham & Company analyst, James Ricchiuti, commented on NEWP saying, "As expected, bookings stepped down from the record Q4 but... More