Ichor Holdings price target raised to $40 from $32 at Cowen

Cowen analyst Krish Sankar raised the firm’s price target on Ichor Holdings to $40 from $32 and keeps an Outperform rating on the shares. The analyst noted they see headwinds over the next few quarters driven by WFE cyclically, but we see long-term opportunities in market share growth and the EUV penetration.