GT Advanced higher on Stifel launch, bullish UBS remarks

|About: GT Advanced Technologies, Inc. (GTATQ)|By:, SA News Editor

As part of a broader coverage launch of names with energy tech exposure, Stifel has started GT Advanced (GTAT +2.4%) with a Buy and $20 PT.

Meanwhile, UBS reports GT's Apple-related sapphire shipments to a cover screen supplier are ramping.

Shares jumped on Friday following a report from a Korean site stating Samsung/LG are thinking of adopting sapphire cover glass for their smartphones.