B. Riley analyst Craig Ellis raised the firm’s price target on Amkor Technology (AMKR) to $50 from $45 and keeps a Buy rating on the shares. Apple’s (AAPL) Apple Intelligence WWDC update boosts product cycle confidence for Amkor, the analyst tells investors in a research note.
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Read More on AMKR:
- Amkor Technology files automatic mixed securities shelf
- Amkor Technology price target raised to $40 from $35 at DA Davidson
- Amkor Technology price target raised to $34 from $32 at Morgan Stanley
- Amkor Technology price target raised to $45 from $43 at B. Riley
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