Goldman Sachs Maintains Neutral on ACM Research, Raises Price Target to $12.8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Allen Chang has maintained a Neutral rating on ACM Research (NASDAQ:ACMR) and raised the price target from $11.3 to $12.8.
July 21, 2023 | 12:24 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Neutral rating on ACM Research and raised the price target from $11.3 to $12.8.
The news is directly about ACM Research. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no major changes in the company's performance. However, the increase in price target from $11.3 to $12.8 suggests a positive outlook, which could potentially influence investor sentiment and the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100