Amkor Technology price target raised to $42 from $40 at B. Riley

B. Riley raised the firm’s price target on Amkor Technology to $42 from $40 and keeps a Buy rating on the shares. The Q4 print was solidly ahead of expectations, but Q1 guidance was below directionally as previewed, the analyst tells investors in a research note. The firm expects a “robust” 2H H/H ramp.