Benchmark analyst Mark Miller raised the firm’s price target on Nova (NVMI) to $295 from $245 and keeps a Buy rating on the shares, stating that Nova “reported another record quarter and guided to record results for the March quarter.” The firm sees non-GAAP earnings growing 34% year-over-year to $8.98 per share in 2025, the analyst tells investors.
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Read More on NVMI:
- Nova’s Strong Financial Performance and Strategic Positioning Justify Buy Rating and Increased Target Price
- Nova Measuring Instruments Reports Record 2024 Financial Results
- Nova Announces Record-Breaking Financial Performance for 2024
- Nova reports Q4 non-GAAP EPS $1.94, consensus $1.82
- Nova sees Q1 non-GAAP EPS $2.00-$2.16, consensus $1.86