Nova Reports First Quarter 2024 Financial Results

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Nova Measuring Instruments (NVMI) PT Raised to $220 at BofA Securities

May 10, 2024 5:28 AM EDT

BofA Securities analyst Vivek Arya raised the price target on Nova Measuring Instruments (NASDAQ: NVMI) to $220.00 (from $190.00) while maintaining a Buy rating.

The analyst comments "MarQ sales were 4% ahead of consensus, with EPS of $1.39 over 9% ahead of Street on higher gross margin (at 61% non-GAAP, 192bps above consensus) due to pull-in of... More