Electro Scientific Industries (ESIO) Tops Q2 EPS by 12c

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Electro Scientific Industries (ESIO) PT Raised to $27 at Needham & Company Following 'Blowout'

November 2, 2017 6:55 AM EDT

Needham & Company analyst James Ricchiuti raised his price target on Electro Scientific Industries (NASDAQ: ESIO) to $27.00 (from $12.00) while maintaining a Buy rating following "blowout" beat and raise quarter.

"We reiterate our Buy rating based on expectations of continued strength in the flex business,... More