Needham Maintains Buy on Ultra Clean Hldgs, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi maintains a Buy rating on Ultra Clean Holdings (UCTT) and raises the price target from $50 to $56.
May 07, 2024 | 11:31 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham maintains a Buy rating on Ultra Clean Holdings and raises the price target from $50 to $56.
The upgrade in the price target by Needham reflects a positive outlook on Ultra Clean Holdings, likely due to strong company performance or favorable market conditions. This analyst action can lead to increased investor confidence in UCTT, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100