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UPDATE: DA Davidson Reiterates its Buy Rating on LTX-Credence Corporation Citing Positive F3Q Outlook

Related LTXC
Earnings Scheduled For May 22, 2014
Can The Uptrend Continue for LTX-Credence (LTXC)? - Tale of the Tape

In a report published Monday, DA Davidson reiterated its Buy rating on (NASDAQ: LTXC) with a $10.00 price target.

In the report, DA Davidson wrote, “We expect LTXC's F3Q (Apr) outlook to call for revenue of $45 million and pro-forma EPS $0.06, above the Street mean of $44 million and $0.03, respectively. Order activity across the semiconductor industry has started to recover in recent weeks and the company's F3Q outlook should reflect this positive trend.”

LTX-Credence Corporation closed at $6.55 on Friday.

Latest Ratings for LTXC

DateFirmActionFromTo
Feb 2014Sidoti & Co.Initiates Coverage onBuy
Dec 2013B RileyInitiates Coverage onBuy
Sep 2013Craig-HallumUpgradesHoldBuy

View More Analyst Ratings for LTXC
View the Latest Analyst Ratings

Posted-In: D.A. Davidson & Co.Analyst Color Reiteration Analyst Ratings

 

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