TD Cowen lowered the firm’s price target on Ultra Clean (UCTT) to $48 from $57 and keeps a Buy rating on the shares. The firm said they posted a slight December quarter beat as some AI driven strength for products used in CMP systems was offset by digestion at domestic Chinese customers.
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Read More on UCTT:
- Ultra Clean price target lowered to $60 from $70 at Oppenheimer
- Buy Rating Maintained for Ultra Clean Holdings Despite China Setbacks and Adjusted Price Target
- Resilient Growth Amid Challenges: Ultra Clean Holdings’ Strategic Positioning Earns Buy Rating
- Ultra Clean Holdings Reports Strong 2024 Financial Results
- Closing Bell Movers: Hims & Hers down nearly 20% on earnings miss
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