PDF Solutions up; Bernstein initiates with 'outperform' and $65 PT
BUZZ-PDF Solutions up; Bernstein initiates with 'outperform' and $65 PT ** Shares of semiconductor data solutions provider PDF Solutions PDFS.O rise 2.6% to $48.87
** Bernstein initiates coverage on PDFS with an "outperform" rating and $65 PT, implying an upside of ~36% to the stock's last close
** Brokerage says the rapidly expanding semiconductor market is a clear driver of growth for PDFS given that its solutions are used across the industry to improve operational efficiency
** As of last close, stock up ~70% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
Recent news on PDF Solutions
See all newsU.S. RESEARCH ROUNDUP-Fedex Freight Holding Company, PDF Solutions, Robinhood Markets
U.S. STOCKS ON THE MOVEX-Abbott, Columbia Financial, Jabil
PDF Solutions up; Bernstein initiates with 'outperform' and $65 PT
PDF Solutions Q2 revenue slightly beats estimates as it wins major customers
Brief: PDF Solutions Q2 Adjusted EPS USD 0.27 Vs. IBES Estimate USD 0.27