UPDATE: Nova Measuring Instruments (NVMI) Tops Q1 EPS by 5c, Revenues Beat; Offers 2Q Revenue Outlook Above Consensus, 2Q EPS Mid-Point Guidance Above Consensus

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Go back to UPDATE: Nova Measuring Instruments (NVMI) Tops Q1 EPS by 5c, Revenues Beat; Offers 2Q Revenue Outlook Above Consensus, 2Q EPS Mid-Point Guidance Above Consensus

Nova Measuring Instruments (NVMI) PT Raised to $50 at Needham & Company

May 15, 2020 7:35 AM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on Nova Measuring Instruments (NASDAQ: NVMI) to $50.00 (from $44.00) while maintaining a Buy rating.

The analyst commented, "Nova Measuring reported solid 1Q20 results and guided for LSD% sequential growth in 2Q20, better than our... More