Melius Research Initiates Coverage On Amkor Tech with Buy Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
Melius Research analyst Ben Reitzes has initiated coverage on Amkor Technology (AMKR) with a Buy rating and set a price target of $35.
November 27, 2023 | 1:49 pm
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POSITIVE IMPACT
Amkor Technology received a Buy rating from Melius Research with a price target of $35, indicating a positive outlook from the analyst.
The initiation of coverage by Melius Research with a Buy rating and a price target that suggests a significant upside potential 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 80
RELEVANCE 100