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Hoefer & Arnett Upgrades Keithley Instruments to Buy
SAN FRANCISCO, March 14 /PRNewswire/ -- Hoefer & Arnett technology analyst,
Mark Miller, has raised Keithley Instruments from a hold to a buy. Keithley
continues to show both solid top and bottom line growth. We also believe
Keithley is gaining traction in the rf parametric test equipment market for
semiconductors. As such, we are raising Keithley Instruments from a hold to a
buy with a one year price target of $22.00.
All expressions of opinion reflect the judgment of the Research Department of
Hoefer & Arnett, Inc. at this date and are subject to change. We have obtained
information from sources considered reliable, but we do not guarantee that the
foregoing report is accurate or complete. Other departments of Hoefer & Arnett,
Inc may have information, which is not available to the Research Department
about companies mentioned in this report. Hoefer & Arnett, Inc., or its
affiliates may execute transactions in the securities mentioned in this report,
which may not be consistent with the report's conclusions. Hoefer & Arnett,
Inc. may perform investment banking or other services for, or solicit
investment-banking business from any company mentioned in this report.
Partners, officers, employees and accounts controlled by Hoefer & Arnett, Inc.
may own shares of any company mentioned herein. Hoefer and Arnett makes a
market in this stock. The Analyst certifies that the views expressed in this
research report accurately reflect his personal views about the subject company
and its securities. He also certifies that he has not been, is not, and will
not be receiving direct or indirect compensation related to his views expressed
or any specific recommendations that are contained in this report. Neither the
Analyst nor any member of his family holds a position in Keithley.
Hoefer & Arnett Incorporated is a member of the National Association of
Securities Dealers, CRD number 10883.
DATASOURCE: Hoefer & Arnett, Inc.
CONTACT: Mark Miller of Hoefer & Arnett, Inc., +1-415-362-7111
Web site: http://www.hoeferarnett.com/