Kulicke & Soffa to Participate at Productronica 2017

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Kulicke and Soffa Industries (KLIC) PT Raised to $34 at B.Riley/FBR

November 15, 2017 8:33 AM EST

B.Riley/FBR raised its price target on Kulicke and Soffa Industries (NASDAQ: KLIC) to $34.00 (from $31.00) while maintaining a Buy rating following the company's 4Q. Results of $215.9MM/$0.51 handsomely beat the Streets $208.4MM/$0.37.

The near-term picture improves as a sales mid-pt... More