Goldman Sachs Maintains Neutral on ACM Research, Raises Price Target to $16.2
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Allen Chang maintains a Neutral rating on ACM Research (NASDAQ:ACMR) and raises the price target from $14.2 to $16.2.
September 01, 2023 | 12:59 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on ACM Research and raises the price target from $14.2 to $16.2.
The news is directly about ACM Research. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating that they do not expect significant price movement in the short term. However, they have raised the price target, which could suggest a potential upside in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100