Goldman Sachs Maintains Neutral on Amkor Tech, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Neutral rating on Amkor Technology (NASDAQ:AMKR) while lowering the price target from $36 to $32.

October 29, 2024 | 4:04 pm
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Goldman Sachs has maintained a Neutral rating on Amkor Technology but lowered the price target from $36 to $32, indicating a less optimistic outlook.
The lowering of the price target by Goldman Sachs suggests a less optimistic view on Amkor Technology's future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
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IMPORTANCE 80
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