The company received multiple analyst upgrades and positive coverage following strong financial results and optimistic guidance. UBS upgraded the stock to Buy with a $285 price target, citing expectations for a significant DRAM spending boom and a bullish outlook for wafer fab equipment over the next two years. TD Cowen also raised its price target to $260. The company's margins are expanding despite increased R&D spending, and it has significantly outperformed the broader semiconductor sector. Shares rose 5% on the news and have delivered impressive returns.