Benchmark Co. Thinks Intevac’s Stock is Going to Recover


Benchmark Co. analyst Mark Miller maintained a Buy rating on Intevac (NASDAQ: IVAC) today and set a price target of $6. The company’s shares closed yesterday at $4.26, close to its 52-week low of $4.21.

According to TipRanks.com, Miller is a top 100 analyst with an average return of 20.8% and a 65.3% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and MKS Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intevac with a $5.25 average price target.

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The company has a one-year high of $9.15 and a one-year low of $4.21. Currently, Intevac has an average volume of 128.8K.

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Intevac, Inc. engages in the design, manufacture, and marketing of thin-film processing systems; and digital sensors, cameras, and systems. It operates its business through the Thin-film Equipment and Photonics segments.

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