Orbotech Ltd (ORBK) Tops Q3 EPS by 8c, Beats on Revenues; Q4 Revenue Outlook Above Consensus

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Go back to Orbotech Ltd (ORBK) Tops Q3 EPS by 8c, Beats on Revenues; Q4 Revenue Outlook Above Consensus

Orbotech Ltd. (ORBK) PT Raised to $54 at Barclays on 3Q Beat; 'Looking for Multiple Expansion to Match Sales Expansion'

November 2, 2017 12:51 PM EDT

Barclays raised its price target on Orbotech Ltd. (NASDAQ: ORBK) to $54.00 (from $43.00) while maintaining a Overweight rating, following the company's third quarter earnings report.

Analyst Joseph Wolf notes an improved outlook on the shares, as the company reported third quarter earnings per share and... More

Orbotech Ltd. (ORBK) PT Raised to $54 at Oppenheimer Following 3Q

November 2, 2017 8:42 AM EDT

Oppenheimer raised its price target on Orbotech Ltd. (NASDAQ: ORBK) to $54.00 (from $42.00) while maintaining a Outperform rating following the company's 3Q earnings report. ORBK reported revenues and non-GAAP EPS of $246M and $0.91, ahead of consensus estimates of $234M/$0.83.

Management guided 4Q17 revenues... More