Needham Reiterates Buy on Amkor Tech, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi reiterates a Buy rating on Amkor Tech (NASDAQ:AMKR) and maintains a $40 price target.
April 30, 2024 | 10:55 am
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Needham analyst Charles Shi reaffirms a Buy rating on Amkor Tech with a $40 price target.
The reiteration of a Buy rating and maintenance of a $40 price target by a reputable analyst like Charles Shi from Needham suggests a positive outlook on Amkor Tech's stock. This endorsement could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100