nanometrics

Piper Jaffray is out with its report today on Nanometrics (NASDAQ: NANO), increasing its PT from $22 to $23. In a note to clients, Piper Jaffray writes, "NANO missed our top line estimate of $50M by $3.9M due to a slip in shipments into Q1. NANO was unwilling to give customers price concessions to...

Piper Jaffray has raised the price target on Nanometrics (NASDAQ: NANO) from $22 to $23 and maintains its Overweight rating.

Piper Jaffray released its industry note today on semiconductors and highlighted some of the manufacturers they track. Altera (ALTR) is rated Overweight. Our $48 price target is based on 18x CY11E EPS. Risks for Altera include: 1) reliance on foundries for wafer production, 2) competition 3)...

Piper Jaffray expects capital spending to increase over the next year for the semiconductor and enabling technologies markets, believing that foundries and NAND flash makers will need to continue spending aggressively in order to meet demands. Growth for the flash bits per wafer is slowing while...