Camtek price target raised to $120, named a ‘2025 Top Pick’ at Northland

Northland analyst Gus Richard raised the firm’s price target on Camtek (CAMT) to $120 from $102 and keeps an Outperform rating on the shares, telling investors that the firm expects upside to consensus estimates and naming the stock a “Top Pick for CY25.” Advanced packaging is becoming more critical in making chips smaller, faster, and cheaper while advanced packaging is becoming more complex at the same time, says the analyst, who sees these dynamics increasing the needs and requirements of metrology and inspection and driving Camtek’s growth.