Zacks Investment Research upgraded shares of NEWPORT CORP (NEWP) from UNDERPERFORM to NEUTRAL on November 05, 2012, with a target price of $12.90.
Newport Corp. is a global supplier of high-precision test, measurement and automation systems and subsystems that enable manufacturers of fiber optic components, semiconductor capital equipment, industrial metrology, aerospace and high-precision products to automate their manufacturing processes, enhance product performance, and improve manufacturing efficiencies and yields. Manufacturers of high-precision products increasingly require third party expertise to develop, engineer and build automated systems and subsystems to produce, assemble and test products.
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