B. Riley raised the firm’s price target on Camtek to $51 from $45 and keeps a Neutral rating on the shares following the “solid” Q2 print. However, the analyst seeks a share pullback on market volatility or unmodeled estimate upside to become more constructive on the shares.
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Read More on CAMT:
- Camtek price target raised to $55 from $50 at BofA
- Camtek price target raised to $46 from $40 at Barclays
- CAMTEK ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 2023
- Camtek sees Q3 revenue $77M-$79M, consensus $73.32M
- Camtek reports Q2 adjusted EPS 45c, consensus 42c
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