Hutchinson Technology Reports Preliminary First Quarter Results
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Noble Financial Nudges Hutchinson (HTCH) PT Higher; Shipment Upside is Welcome News
January 14, 2014 8:19 AM ESTNoble Financial maintains its Buy rating on Hutchinson Technology (Nasdaq: HTCH), but raised its price target modestly from $5.38 to $5.40.
Analyst Mark Miller commented that preliminary Q1 revenue of $70 million exceeded the firm's expectations by about $4 million and was about $5 million above investor expectations.... More
