Rudolph Technologies (RTEC) Tops Q1 EPS by 2c

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Credit Suisse Downgrades Rudolph Technologies (RTEC) to Underperform on Valuation

May 2, 2017 7:48 AM EDT

Credit Suisse downgraded Rudolph Technologies (NYSE: RTEC) from Neutral to Underperform with a price target of $23.00 citing valuation.

Analyst F. Ahmad notes RTEC is currently trading at 25x of CY17 EPS (w/SBC), well above front-end companies like AMAT/LRCX... More