Rudolph Technologies (RTEC) Tops Q2 EPS by 7c; Guides Q3 EPS Above the Street

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Dougherty & Co Downgrades Rudolph Technologies (RTEC) to Neutral

July 29, 2016 9:10 AM EDT

Dougherty & Co downgraded Rudolph Technologies (NYSE: RTEC) from Buy to Neutral and removed its price target (prior $16.00). Analyst Richard Ryan said he doesn't see material upside to current valuation.

"2Q results handily beat estimates with virtually all metrics showing strength. The strong beat came from advanced... More