Orbotech Ltd (ORBK) Misses Q4 EPS by 7c

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Orbotech Ltd. (ORBK) PT Lowered to $39 at Jefferies, Sees Attractive Entry Amid Sell-Off

February 9, 2017 7:25 AM EST

Jefferies analyst Mark Lipacis reiterates Buy rating, but lowers price target on Orbotech (NASDA: ORBK) to $39 (from $41), suggesting the shares represent an "attractive entry point" after trading down (-14%) when the company delivered guidance below consensus.

Lipacis comments, "ORBK traded down ~14% after... More