Ultratech, Inc. (UTEK) Tops Q3 EPS by 3c

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Go back to Ultratech, Inc. (UTEK) Tops Q3 EPS by 3c

Analysts Say Ultratech (UTEK) Set to Outperform Peers

October 19, 2012 12:51 PM EDT

Canaccord Genuity maintained a Buy rating on Ultratech (NASDAQ: UTEK) and trimmed its price target to $38.00 (from $39.00).

Analyst Jonathan Dorsheimer said "Ultratech is exposed to several secular growth trends in its end markets, including smartphones and SSL. These applications, combined with... More