Needham Reiterates Buy on ACM Research, Maintains $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a Buy rating on ACM Research (NASDAQ:ACMR) and maintained a $25 price target.
October 01, 2024 | 10:28 am
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Needham analyst Charles Shi has reiterated a Buy rating on ACM Research and maintained a $25 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $25 price target by Needham suggests a positive outlook for ACM Research. This could lead to increased investor confidence and potentially a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100