Benchmark Initiates Nanometrics With Buy

Analysts at Benchmark initiated coverage on Nanometrics Incorporated NANO with a Buy rating. The target price for Nanometrics is set to $20. Nanometrics shares have dropped 12.25 percent over the past 52 weeks, while the S&P 500 index has surged 7.73 percent in the same period. Nanometrics' shares closed at $15.76 in after-hours trading.