Needham Reiterates Buy on Camtek, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a 'Buy' rating on Camtek (NASDAQ:CAMT) and raised the price target from $56 to $64.
August 31, 2023 | 4:01 pm
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Camtek's price target has been raised from $56 to $64 by Needham analyst Charles Shi, who maintains a 'Buy' rating on the stock.
The reiteration of a 'Buy' rating and an increase in the price target by a respected analyst like Charles Shi is likely to have a positive impact on Camtek's stock in the short term. Investors often follow analyst recommendations, which can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100