Analyst Scoreboard: 4 Ratings For Ultra Clean Hldgs
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Ultra Clean Holdings (NASDAQ:UCTT), with a recent positive shift in price targets. The average 12-month price target has increased by 13.2% to $61.5. Analysts from Oppenheimer, TD Cowen, Craig-Hallum, and Needham have given ratings ranging from 'Outperform' to 'Buy'. Despite positive revenue growth, the company faces challenges with profitability and debt management.
September 25, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ultra Clean Holdings (NASDAQ:UCTT) has received mixed analyst ratings, with a positive shift in price targets. The average target increased by 13.2% to $61.5. Analysts from Oppenheimer, TD Cowen, Craig-Hallum, and Needham have given ratings from 'Outperform' to 'Buy'. Despite positive revenue growth, the company faces challenges with profitability and debt management.
The increase in average price target by 13.2% suggests a positive outlook from analysts, which could lead to a short-term price increase. However, challenges in profitability and debt management may limit the upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100