Morgan Stanley analyst Charlie Chan downgraded ACM Research to Underweight from Equal Weight with a $10 price target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ACMR:
- Down More Than 50%: These 2 ‘Strong Buy’ Stocks Still Look Cheap Despite This Year’s Rally
- ACM Research price target raised to $12 from $10 at Needham
- ACM Research Shanghai sees 2022 revenue RMB 2.7B-RMB 2.9B
- 2023 Looks Bright for ACMR
- ACM Research preliminary guidance implies strong growth, says Roth Capital