DA Davidson lowered the firm’s price target on Ichor Holdings (ICHR) to $30 from $35 and keeps a Buy rating on the shares. The firm notes the stock is trading off meaningfully on weak Q4 guidance, the result of Q3 pull-ins from its two largest customers, projected softness at the 3rd and 4th largest customers, and push-outs across its highest margin segment, the analyst tells investors in a research note.
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