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Fly News Breaks for October 4, 2018
RTEC
Oct 4, 2018 | 07:20 EDT
Stifel analyst Patrick Ho lowered his price target on Rudolph Technologies shares to $30 from $35 after the company's negative preannouncement, which he views as somewhat disappointing given Rudolph's more diversified product portfolio and market exposure relative to other comparable companies. However, the front-end weakness has been evident and is not a complete surprise, Ho added. He maintains a Buy rating on Rudolph shares as he remains positive on the long-term fundamental story.
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