Zacks Investment Research upgraded shares of INTEVAC INC (IVAC) from UNDERPERFORM to NEUTRAL on April 01, 2014, with a target price of $9.90.
Intevac, Inc. is a leading supplier of static sputtering systems and related manufacturing equipment used to manufacture thin-film disks for computer hard disk drives. Sputtering is a complex vacuum deposition process used to deposit multiple thin-film layers on a disk. The company's primary objective is to be the industry leader in supplying disk sputtering equipment by providing disk sputtering systems which have both the highest overall performance and the lowest cost of ownership in the industry.
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