Read Why DA Davidson Is Bullish On Ichor

  • DA Davidson analyst Thomas Diffely reiterated a Buy and $75 price target on Ichor Holdings Ltd ICHR. The price target implies a 63% upside.
  • Diffely stated that the stock is a "great way" to play semiconductor supercycle.
  • Ichor offers an "unmatched risk-reward profile" as it is leveraged to all the same drivers but trades at a significant discount.
  • The shares of Ichor have dramatically underperformed over the past two years, even though its fundamentals stay robust.
  • Ichor is engaged in designing, engineering, and manufacturing critical fluid delivery subsystems and components for semiconductor capital equipment. 
  • Price Action: ICHR shares traded higher by 0.63% at $46.15 on the last check Friday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorNewsPrice TargetReiterationSmall CapAnalyst RatingsTechBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!