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Amkor Technology price target raised to $37 from $32 at Needham

Needham analyst Charles Shi raised the firm’s price target on Amkor Technology (AMKR) to $37 from $32 and keeps a Buy rating on the shares. The company reported both revenue and EPS slightly above the high-end of guidance, with broad-based strength across its reporting segments driving results, the analyst tells investors in a research note. Both Computing and Automotive were reported to be improving, with some of this strength expected to persist into 2026, the firm added.

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