Fly News Breaks for May 1, 2019
May 1, 2019 | 07:39 EDT
As previously reported, DA Davidson analyst Thomas Diffely upgraded Nanometrics to Buy and raised his price target to $40 from $32. The analyst believes that the company's performance is about to accelerate with a ramp coming in the 2nd half of the year thanks to its launch of a new flagship tool, exposure to leading industry customers, and "ramping adjacent markets." Diffely also reverses his prior stance on valuation for Nanomentrics from "stretched" to "attractive".
News For NANO From the Last 2 Days
Jun 18, 2019 | 20:33 EDT
B. Riley FBR started Nanometrics with a Buy rating and $41 price target.