Market Overview

UPDATE: Stifel Nicolaus Raises PT to $16 on Rudolph Technologies on Advanced WLP Exposure

Share:
Related RTEC
Benzinga's Volume Movers
Stocks Hitting 52-Week Highs
Midday Gainers / Losers (Seeking Alpha)

Stifel Nicolaus reiterated its Buy rating on Rudolph Technologies (NASDAQ: RTEC) and raised its price target from $14 to $16.

Stifel Nicolaus commented, "As we have highlighted for some time, we believe the growth prospects for Rudolph will be driven by the emergence of advanced WLP techniques that are steadily being adopted in the industry. Its initial foray into this market came through its macro defect inspection and metrology businesses, targeting the large OSAT customer base (where the various OSATs are trying to differentiate themselves through technology and not just capacity)."

Rudolph Technologies closed at $13.56 on Thursday.

Latest Ratings for RTEC

DateFirmActionFromTo
Apr 2015DA DavidsonUpgradesNeutralBuy
Mar 2015DA DavidsonDowngradesBuyNeutral
Jan 2015Barrington ResearchUpgradesMarket PerformOutperform

View More Analyst Ratings for RTEC
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Price Target Intraday Update Analyst Ratings

 

Related Articles (RTEC)

Around the Web, We're Loving...