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

Sanford C. Bernstein upgraded shares of Tokyo Electron (OTC:TOELY) to a strong-buy rating in a research report sent to investors on Monday morning, Zacks.com reports.

Tokyo Electron Stock Down 2.0 %

OTC:TOELY opened at $85.93 on Monday. Tokyo Electron has a 12-month low of $64.30 and a 12-month high of $134.91.

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.