B. Riley Securities Reiterates Buy on Amkor Tech, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Craig Ellis has reiterated a Buy rating on Amkor Technology (AMKR) and increased the price target from $43 to $45.
April 30, 2024 | 12:36 pm
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B. Riley Securities has reiterated a Buy rating on Amkor Technology and raised the price target from $43 to $45.
The reiteration of a Buy rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100