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NEW YORK, August 11 (New Ratings) - Analysts at WR Hambrecht initiate coverage of ICOS Vision Sysems NV (IVIS.NAS) with a "buy" rating. The target price is set to $46.
In a research note published this morning, the analysts mention that ICOS Vision Systems is a leading manufacturer of vision-based inspection and assembly systems for the semiconductors industry. The company has witnessed an annual revenue growth of 25% for the past several years, driven by its expanded product portfolio. The analysts expect the company to maintain its revenues and operating margins growth in the near future.
NEW YORK, August 11 (New Ratings) - Analysts at WR Hambrecht initiate coverage of ICOS Vision Sysems NV (IVIS.NAS) with a "buy" rating. The target price is set to $46.
In a research note published this morning, the analysts mention that ICOS Vision Systems is a leading manufacturer of vision-based inspection and assembly systems for the semiconductors industry. The company has witnessed an annual revenue growth of 25% for the past several years, driven by its expanded product portfolio. The analysts expect the company to maintain its revenues and operating margins growth in the near future.