Tokyo Electron (OTC:TOELY) Upgraded to Strong-Buy by Sanford C. Bernstein

Tokyo Electron (OTC:TOELY) was upgraded by investment analysts at Sanford C. Bernstein to a “strong-buy” rating in a research note issued to investors on Monday, Zacks.com reports.

Tokyo Electron Stock Performance

About Tokyo Electron

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.