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RTEC

Rudolph Technologies

$24.20

-0.65 (-2.62%)

06:36
07/31/17
07/31
06:36
07/31/17
06:36

Rudolph Technologies reaches patent settlement with Camtek

Rudolph Technologies announced that it has reached a comprehensive patent settlement with Camtek, in the ongoing patent infringement lawsuits between the two companies. Under the terms of the settlement agreement, the parties will dismiss all current litigation matters and Camtek will pay to Rudolph a one-time payment of $13M. The parties have also entered into a covenant not to sue one another related to the three patents at issue in the lawsuits and also not to sue one another for any cause of action for a period of three years anywhere in the world.

  • 02

    Aug

RTEC Rudolph Technologies
$24.20

-0.65 (-2.62%)

06/16/17
STFL
06/16/17
UPGRADE
STFL
Buy
Rudolph Technologies upgraded on valuation, positive catalysts at Stifel
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.
06/16/17
STFL
06/16/17
UPGRADE
STFL
Buy
Rudolph Technologies upgraded to Buy from Hold at Stifel
05/02/17
FBCO
05/02/17
DOWNGRADE
Target $23
FBCO
Underperform
Rudolph Technologies downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse analyst Farhan Ahmad downgraded Rudolph Technologies to Underperform from Neutral, with a $23 price target, on valuation after the company reported Q1 Revenue/EPS above estimates, but midpoint of Q2 Revenue/EPS guidance missed expectations. The analyst notes that while OLED opportunity could be meaningful in long run, it could require significant investments before it becomes a sustainable business.
04/19/17
DOTC
04/19/17
UPGRADE
DOTC
Buy
Rudolph Technologies upgraded to Buy from Neutral at Dougherty

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