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Fly News Breaks for May 10, 2017
NVMI
May 10, 2017 | 06:33 EDT
Stifel analyst Patrick Ho upgraded Nova Measuring to Buy and increased its price target to $25 from $18 citing the magnitude of the Q1 upside and expectations for a strong 2017. The analyst was surprised by the strength in the memory segment, particularly 3D NAND, and was impressed by Nova's earnings leverage and strong cash flow generation.
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