HUTCHINSON TECH (HTCH) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of HUTCHINSON TECH (HTCH) from NEUTRAL to OUTPERFORM on February 04, 2013, with a target price of $3.10.

Hutchinson Technology Incorporated is an acknowledged world leader in precision manufacturing. Hutchinson Technology specialize in design and manufacture of close-tolerance products that require chemical, mechanical and electronic technologies. Its primary products, suspension assemblies, hold magnetic read-write heads at microscopic distances above the disks in rigid disk drives. The Company is strongly positioned as a provider of technology that our customers value for its ability to help them differentiate their products on performance and value attributes. .

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