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NOVT - Novanta Inc.

Analyst Upgrade Signal for 05-11-2022
Analyst Upgrade Signal: NOVT from Mkt Perform to Outperform by William Blair
Price Target: $--



Stock Signal Information


Signal

Analyst Upgrade Stock
Report Date: 05-11-2022
Symbol: NOVT - Novanta Inc.
Sector: Technology
Industry: Scientific & Technical Instruments
Analyst Upgrade Signal: NOVT from Mkt Perform to Outperform by William Blair
Price Target: $--

  NOVT Technical Chart

Company Contact

Novanta Inc. (NOVT)
125 Middlesex Tpke
Bedford, MASSACHUSETTS 01730
Phone: 17812665618
Website: https://www.novanta.com
CEO: Mr. Matthijs Glastra


Company Profile

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. Its Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products for photonics-based applications, such as industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The company's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless, recorder, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. Its Precision Motion segment offers optical and inductive encoders, precision motors, motion control sub-assemblies, servo drives, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.