Cabot Microelectronics (CCMP) Tops Q4 EPS by 20c

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Cabot Microelectronics (CCMP) PT Raised to $105 at Seaport Global Securities

October 30, 2017 6:51 AM EDT

Seaport Global Securities raised its price target on Cabot Microelectronics (NASDAQ: CCMP) to $105.00 (from $91.00) while maintaining a Buy rating.

Analyst Michael Harrison is positive on the company following the strong Q4 report as he sees momentum continuing into 2018 and suspect further equity appreciation is on the way.

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