Goldman Sachs Maintains Neutral on Amkor Tech, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Neutral rating on Amkor Technology (AMKR) and increased the price target from $32 to $36.
May 01, 2024 | 4:40 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral stance on Amkor Technology but raises the price target from $32 to $36, indicating a positive outlook on the stock's value.
The increase in price target by Goldman Sachs suggests an optimistic view on Amkor Technology's future stock performance, potentially leading to positive investor sentiment in the short term. However, the Neutral rating indicates that the analyst sees limitations or risks that prevent a more bullish stance at this time.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90