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Fly News Breaks for June 21, 2016
NANO
Jun 21, 2016 | 08:52 EDT
DA Davidson raised its price target on Nanometrics based on what it sees as ongoing growth in the optical critical dimension market, along with the company's share gains in the Foundry and 3D NAND segments, and its better than expected operating model leverage. The firm thinks that the company has multiple revenue drivers that will boost its results over the next several quarters, and it remains "very bullish" on the company's longer term outlook. The firm reiterates a Buy rating on the shares.
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