Stifel Nicolaus Maintains Cymer Buy, $57 PT (CYMI)

Stifel Nicolaus maintained its Cymer CYMI Buy rating and $57 price target in a research report published today.

In the report, Stifel Nicolaus states, " In our view, this target is very achievable and more importantly, the company has built the right cost infrastructure to drive significant earnings leverage (and cash flow generation) as revenues grow."

Shares of Cymer were trading at $47.61 at the time of posting, up 0.46% from Thursday's market close.