KULICKE & SOFFA (KLIC) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of KULICKE & SOFFA (KLIC) from UNDERPERFORM to NEUTRAL on March 28, 2013, with a target price of $11.60.

Kulicke and Soffa Inds. designs, manufactures and markets capital equipment and packaging materials for sale to companies that manufacture and assemble semiconductor devices. They also service, maintain, repair and upgrade assembly equipment. They are one of the world's largest suppliers of semiconductor assembly equipment. The company's business is divided into three segments: equipment, packaging materials and advanced packaging technology.

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