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Shares of Mattson Technology (NASDAQ:MTSN) hit a new 52-week high during trading on Tuesday, AnalystRatings.Net reports. The stock traded as high as $3.19 and last traded at $3.15, with a volume of 859,268 shares trading hands. The stock had previously closed at $3.05.

A number of analysts have recently weighed in on MTSN shares. Analysts at Zacks downgraded shares of Mattson Technology from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 24th. They now have a $2.80 price target on the stock. Finally, analysts at Northland Capital Partners raised their price target on shares of Mattson Technology from $2.40 to $3.00 in a research note to investors on Wednesday, October 23rd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Mattson Technology presently has an average rating of “Buy” and an average target price of $3.33.

Mattson Technology has a 52 week low of $1.11 and a 52 week high of $3.18. The stock’s 50-day moving average is $2.63 and its 200-day moving average is $2.51. The company’s market cap is $186.1 million.

Mattson Technology, Inc (NASDAQ:MTSN) designs, manufactures, markets, and globally supports semiconductor wafer processing equipment used in the fabrication of integrated circuits (ICs).

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