Electro Scientific Industries (ESIO) Tops Q4 EPS by 6c
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Needham & Company Raises Price Target on Electro Scientific Industries (ESIO) Following 4Q
May 11, 2016 7:59 AM EDTNeedham & Company reiterated a Buy rating on Electro Scientific Industries (NASDAQ: ESIO), and raised the price target to $9.00 (from $8.00), following the company's 4Q earnings report. Revenues increased to $51.5M, toward the upper end of guidance of $47-53M. ESIO posted non-GAAP EPS of $0.11, vs.... More
