Mattson Technology (MTSN) Tops Q3 EPS by 3c

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Needham & Company Cuts price Target on Mattson Technology, Inc. (MTSN) Following 3Q Results

October 30, 2015 6:58 AM EDT

Needham & Company reiterated a Buy rating on Mattson Technology (NASDAQ: MTSN), and cut the price target to $3.00 (from $3.50), following the company's 3Q earnings results. 3Q15 revenue/NG EPS of $38.9MM/$0.03 handily beat the Street's $37MM/$0.00. MTSN is clearly facing industry headwinds coupled with high... More