Rosenblatt's out positive on $ADEA and $PENG after the Age of AI summit. ADEA's price target moves to 40 and management doubled its revenue target, driven by surging demand for hybrid-bonding IP to keep Moore's Law alive. $PENG gets a bullish nod too, following through on the setup from its summit slot we flagged Monday. Both worth watching for continuation if the semi-equipment complex keeps catching a bid.
Aggregated and distilled by Two Sentence Traders. Not financial advice.