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Why Stifel Is Positive On Semiconductor Equipment Makers Lam Research, KLA
Monday, September 21, 2020 - 2:27pm | 602The recent pullback in the shares of semiconductor equipment makers has rendered their valuations attractive, according to a Stifel analyst. The Semi Capital Equipment Analyst: Patrick Ho upgraded shares of Lam Research Corporation (NASDAQ: LRCX) from Hold to Buy with a $352 price target...
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Wall Street Reacts To Applied Materials' Quarter
Friday, August 17, 2018 - 12:13pm | 478Applied Materials, Inc. (NASDAQ: AMAT) shares were tumbling Friday following a disappointing earnings report. Here's what several Wall Street analysts had to say. Foundry Woes Memory and foundry uncertainty have clouded the near-term outlook for Applied Materials, Stifel analyst Patrick Ho...
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Stifel Downgrades LTX-Credence Ahead Of Cohu Buyout, 'Competing Bids' Unlikely
Tuesday, May 29, 2018 - 3:15pm | 356Semiconductor test equipment maker LTX-Credence Corporation (NASDAQ: XCRA), which recently announced a deal to be acquired by Cohu, Inc. (NASDAQ: COHU), last week reported forecast-beating Q3 results. The Analyst Stifel analyst Patrick Ho downgraded LTX-Credence from Buy to Hold...
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Stifel: Encouraging Nanometrics Thesis 'Intact,' But Stock's Valuation Is Full
Tuesday, May 29, 2018 - 2:05pm | 326Nanometrics Incorporated (NASDAQ: NANO) remains well-positioned to take advantage of encouraging market trends, according to Stifel. But the fundamental prospects for the semiconductor supplier take a back seat to the stock's valuation, the sell-side firm said in a downgrade note. The...
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Nlight's Above Average Growth Prospect Appreciated By Stifel
Monday, May 21, 2018 - 3:49pm | 336Nlight Inc (NASDAQ: LASR), a supplier of semiconductor and fiber lasers that saw its stock soar on its first day of trading in April, is well positioned to show a superior growth rate compared to its peers, according to Stifel. The Analyst Stifel's Patrick Ho initiated coverage of Nlight...
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Buy The Dip In Applied Materials, Stifel Says After Q2 Print
Friday, May 18, 2018 - 10:13am | 407Applied Materials, Inc. (NASDAQ: AMAT) reported after the close Thursday with forecast-beating second-quarter results and a third-quarter revenue guidance range in-line or below consensus estimates. The non-GAAP earnings per share guidance was in-line. The Analyst Stifel...
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Electro Scientific Industries A 'Turnaround Story,' Says Stifel
Thursday, March 15, 2018 - 3:26pm | 383Electro Scientific Industries, Inc. (NASDAQ: ESIO) could stand to benefit from market trends that are boosting demand for flexible printed circuit boards as well as expansion into the growing HDI market, according to Stifel. The Analyst Patrick Ho of Stifel initiated converage of ESI with a...
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Stifel: Applied Materials' Beat-And-Raise Q1, Dividend Boost, Cash Generation Reinforce Bullish Stance
Thursday, February 15, 2018 - 11:07am | 398Applied Materials, Inc. (NASDAQ: AMAT)'s top-and-bottom-line beat in its fiscal first-quarter report Wednesday and better-than-expected guidance turned at least one Wall Street analyst incrementally bullish. The Analyst Stifel's Patrick Ho maintains a Buy rating on Applied Materials'...
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From A Fundamental Standpoint, Teradyne Deserves A Second Look
Wednesday, July 5, 2017 - 2:41pm | 412Teradyne, Inc. (NYSE: TER) shares were up 5.2 percent near Wednesday’s open on news of an upgrade by Stifel Nicolaus. Analyst Patrick Ho upgraded the stock from Hold to Buy, with a price target raised from $32 to $39. Although Ho doesn’t see the semiconductor testing industry set for...
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Stifel Upgrades Rudolph Tech To Buy, $15 Target
Thursday, January 14, 2016 - 11:15am | 327Stifel issued a company note on Rudolph Technologies Inc (NYSE: RTEC) after the recent market sell-off has made the stock an attractive valuation for analysts. Stifel upgraded Rudolph to a Buy and issued a $15 price target. Analysts Patrick Ho and Brian Chin wrote, "On a fundamental basis...
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UPDATE: Stifel Reiterates On Teradyne, Inc. On Lowered Estimates
Friday, October 3, 2014 - 9:31am | 127In a report published Friday, Stifel analyst Patrick Ho reiterated a Buy rating on Teradyne, Inc. (NYSE: TER), but lowered the price target from $25.00 to $22.00. In the report, Stifel noted, “Following our recent channel checks, we are lowering our estimates for 4Q14 (Dec) and for FY15 (Dec). We...
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UPDATE: Stifel Reiterates On Lam Research Ahead Of Analyst Day
Monday, June 30, 2014 - 10:31am | 150In a report published Monday, Stifel analyst Patrick Ho reiterated a Buy rating on Lam Research (NASDAQ: LRCX), and raised the price target from $69.00 to $81.00. In the report, Stifel noted, “[On] Tuesday, Lam Research is scheduled to host an Analyst Day during the Semicon West event in San...
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UPDATE: Stifel Upgrades Brooks Automation As Life Sciences Are Key To Growth
Friday, June 27, 2014 - 9:30am | 124In a report published Friday, Stifel analyst Patrick Ho upgraded the rating on Brooks Automation (NASDAQ: BRKS) from Hold to Buy, and named a $13.00 price target. In the report, Stifel noted, “We are upgrading shares of Brooks Automation from a Hold to a Buy rating and establishing a $13 target...
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UPDATE: Stifel Reiterates On Entegris Following Analyst Day
Friday, June 20, 2014 - 8:03am | 124In a report published Friday, Stifel analyst Patrick Ho reiterated a Buy rating on Entegris (NASDAQ: ENTG), and raised the price target from $14.00 to $15.00. In the report, Stifel noted, “On Thursday, Entegris hosted an Analyst Day at its new i2M Research Center where it provided a broad overview...
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UPDATE: Stifel Downgrades Rudolph Technologies as High Level of Uncertainty and Risks Exist in 2H14
Tuesday, April 29, 2014 - 10:20am | 133In a report published Tuesday, Stifel analyst Patrick Ho downgraded the rating on Rudolph Technologies (NYSE: RTEC) from Buy to Hold, and removed the $16.00 price target. In the report, Stifel noted, “On Monday after the market close, Rudolph Technologies reported 1Q14 (March) earnings results...