Needham Reiterates Buy on Ultra Clean Hldgs, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a 'Buy' rating on Ultra Clean Holdings (NASDAQ:UCTT) and maintained a price target of $45.
October 26, 2023 | 10:58 am
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Ultra Clean Holdings (NASDAQ:UCTT) has had its 'Buy' rating reiterated by Needham analyst Charles Shi, with a maintained price target of $45.
The reiteration of a 'Buy' rating by a respected analyst like Charles Shi is a positive signal for Ultra Clean Holdings. The maintained price target of $45 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100