Market Overview

UPDATE: Stifel Nicolaus Initiates Nova Measuring Instruments with Buy, $11 PT on Semiconductor Outlook

Share:
Related NVMI
10 Biggest Mid-Day Losers For Monday
Zacks.com featured highlights: Kadant, Nova Measuring Instruments, KMG Chemicals, ChipMOS TECHNOLOGIES and Modine Manufacturing

Stifel Nicolaus initiates its coverage on Nova Measuring Instruments (NASDAQ: NVMI) with a Buy rating and a price target of $11.

Stifel Nicolaus comments, "In our view, the company is well positioned to benefit from continued shrinks in the semiconductor industry and new manufacturing process changes. We believe these trends will increase the percentage of process control spend (rising from 12% to 15%-17% of wafer fab equipment-WFE) over the next several cycles."

NVMI closed at $8.23 on Monday.

Latest Ratings for NVMI

DateFirmActionFromTo
May 2017Stifel NicolausUpgradesHoldBuy
Feb 2017Stifel NicolausDowngradesBuyHold
Nov 2016BenchmarkInitiates Coverage OnBuy

View More Analyst Ratings for NVMI
View the Latest Analyst Ratings

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

 

Related Articles (NVMI)

View Comments and Join the Discussion!