Zacks Investment Research upgraded shares of inTEST (NYSEAMERICAN:INTT) from a hold rating to a buy rating in a research report released on Wednesday. Zacks Investment Research currently has $10.00 target price on the semiconductor company’s stock.
According to Zacks, “InTEST Corporation is an independent designer, manufacturer and marketer of ATE interface solutions and temperature management products, which are used by semiconductor manufacturers to perform final testing of integrated circuits and wafers. The Company’s high-performance products are designed to enable semiconductor manufacturers to improve the speed, reliability, efficiency and profitability of IC test processes. Specific products include positioner and docking hardware products, temperature management systems and customized interface solutions. The Company has established strong relationships with semiconductor manufacturers globally, which it supports through a network of local offices. “
Separately, Dougherty & Co started coverage on shares of inTEST in a research report on Friday, October 6th. They issued a buy rating and a $11.00 price objective on the stock.
A number of large investors have recently bought and sold shares of INTT. HighTower Advisors LLC lifted its holdings in inTEST by 0.8% in the second quarter. HighTower Advisors LLC now owns 62,139 shares of the semiconductor company’s stock valued at $413,000 after acquiring an additional 521 shares during the period. Northern Trust Corp lifted its holdings in inTEST by 45.5% in the second quarter. Northern Trust Corp now owns 27,572 shares of the semiconductor company’s stock valued at $183,000 after acquiring an additional 8,620 shares during the period. Vanguard Group Inc. lifted its holdings in inTEST by 14.4% in the second quarter. Vanguard Group Inc. now owns 132,788 shares of the semiconductor company’s stock valued at $890,000 after acquiring an additional 16,716 shares during the period. LSV Asset Management lifted its holdings in inTEST by 32.3% in the second quarter. LSV Asset Management now owns 92,500 shares of the semiconductor company’s stock valued at $619,000 after acquiring an additional 22,600 shares during the period. Finally, PDT Partners LLC acquired a new stake in inTEST in the second quarter valued at $229,000.
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inTEST Company Profile
inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products.
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