Stifel raised the firm’s price target on Camtek to $52 from $44 and keeps a Buy rating on the shares. The company’s recently reported Q2 results and outlook came in ahead of expectations, the analyst tells investors. Across the semi cap industry, Stifel has seen two areas of relative strength this year, China and advanced packaging, and the company has a favorable mix of both.
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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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