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Fly News Breaks for June 16, 2017
RTEC
Jun 16, 2017 | 07:39 EDT
As noted earlier, Stifel upgraded Rudolph to Buy from Hold. Analyst Patrick Ho upgraded the stock based on valuation as well as his belief that the company is "benefiting from the growing adoption of fan-out applications in the advanced packaging market" and his greater optimism about the longer term outlook for the company's TSV and JetStep panel lithography businesses. Target to $29 from $24.
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