B. Riley Securities Initiates Coverage On Amkor Tech with Buy Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Craig Ellis has initiated coverage on Amkor Technology, Inc. (NASDAQ:AMKR) with a Buy rating and set a price target of $35.
November 16, 2023 | 10:20 am
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Amkor Technology, Inc. received a Buy rating from B. Riley Securities with a price target of $35, indicating a positive outlook from the analyst.
The initiation of coverage by B. Riley Securities with a Buy rating and a price target that suggests a significant upside from the current trading price is likely to be viewed positively by investors. This could lead to increased investor confidence and a potential short-term rise in AMKR's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100