Needham Reiterates Buy on ACM Research, Maintains $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a Buy rating on ACM Research (NASDAQ:ACMR) and maintained a $28 price target.
August 08, 2024 | 10:16 am
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Needham analyst Charles Shi has reiterated a Buy rating on ACM Research and maintained a $28 price target.
The reiteration of a Buy rating and the maintenance of a $28 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100