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Fly News Breaks for March 22, 2017
NANO
Mar 22, 2017 | 09:33 EDT
After meeting with Nanometrics' management, DA Davidson analyst Thomas Diffely says that the fundamentals of the company and its industry are improving. He says that the company's strong order book, a new OCD product and steady growth in the high margin software business should help the company report strong 2017 results. He thinks that the company's EPS could easily reach $2 in a few years. He raised his price target on the name to $34 from $30 and keeps a Buy rating.
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