FEI Co (FEIC) Raises Quarterly Dividend 20% to $0.30; Approves 2M Common Stock Buyback

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Go back to FEI Co (FEIC) Raises Quarterly Dividend 20% to $0.30; Approves 2M Common Stock Buyback

Needham & Company Reiterates Buy on FEI Co (FEIC) Following an Investor Day

June 5, 2015 7:39 AM EDT

Needham & Company reiterates a Buy rating and $90.00 price target on FEI Company (NASDAQ: FEIC) following an investor day. Analyst James Ricchiuti said that management lowered its 12% long term growth target to 5-9%, which seems more realistic, and expects Industry Group to grow 6-10%.

Ricchiuti... More