Zacks Investment Research upgraded shares of AMTEC SYSTEMS (ASYS) from UNDERPERFORM to NEUTRAL on July 24, 2012, with a target price of $4.20.
AMTECH SYSTEMS, INC. is engaged in the manufacture of several items of capital equipment, one of which is patented, used by customers in the manufacture of semiconductors. Company has recently obtained a U.S. patent on technology on which it expects to base a proposed new photo chemical vapor deposition (""CVD"") product for use in semiconductor manufacturing facilities. The Company has engaged the University of California, Santa Cruz, to conduct a study to determine the feasibility of such a product.
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