Home > News > FEI gains as analyst sees benefit from stimulus
March 14th, 2009
FEI gains as analyst sees benefit from stimulus
Abstract:
The $787 million economic stimulus package should boost demand for FEI Co.'s electron-scanning microscopes and other nanotechnology equipment, an analyst said, as he upgraded the company's stock.
Credit Suisse analyst Satya Kumar raised his rating on the Hillsboro, Ore.-based company to "Outperform" from "Neutral" due to the strong bookings expected from the science and research funding outlined in the stimulus and because of the recent decline in FEI's stock price.
FEI shares, which had traded as high as $29.14 in the past 52 weeks, had lost 54 percent of their value as of Thursday's close.
Spending on nanotech products has averaged about $1.8 billion to $1.9 billion for the past three years, with FEI sales making up about 7 percent of that market, Kumar said. The stimulus package has around $14.9 billion worth of funding for U.S. research institutes, which are FEI's customers, and the company should be able to draw in about $54 million in additional sales in 2010, he said.
Source:
moneycentral.msn.com
Related News Press |
News and information
Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024
Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024
Imaging
Nanoscale CL thermometry with lanthanide-doped heavy-metal oxide in TEM March 8th, 2024
The USTC realizes In situ electron paramagnetic resonance spectroscopy using single nanodiamond sensors November 3rd, 2023
Observation of left and right at nanoscale with optical force October 6th, 2023
Possible Futures
Advances in priming B cell immunity against HIV pave the way to future HIV vaccines, shows quartet of new studies May 17th, 2024
Aston University researcher receives £1 million grant to revolutionize miniature optical devices May 17th, 2024
Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024
Investments/IPO's/Splits
Daikin Industries becomes OCSiAl shareholder July 27th, 2021
INBRAIN Neuroelectronics raises over €14M to develop smart graphene-based neural implants for personalised therapies in brain disorders March 26th, 2021
180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021
Announcements
Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024
Finding quantum order in chaos May 17th, 2024
Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024
Tools
Ferroelectrically modulate the Fermi level of graphene oxide to enhance SERS response November 3rd, 2023
The USTC realizes In situ electron paramagnetic resonance spectroscopy using single nanodiamond sensors November 3rd, 2023
The latest news from around the world, FREE | ||
Premium Products | ||
Only the news you want to read!
Learn More |
||
Full-service, expert consulting
Learn More |
||