On Oct 30, major Wall Street analysts update their ratings for $Ultra Clean (UCTT.US)$, with price targets ranging from $44 to $70.
TD Cowen analyst Krish Sankar maintains with a buy rating, and adjusts the target price from $60 to $57.
Oppenheimer analyst Edward Yang maintains with a buy rating, and maintains the target price at $70.
Needham analyst Charles Shi maintains with a buy rating, and adjusts the target price from $56 to $44.
Craig-Hallum analyst Christian Schwab maintains with a buy rating, and sets the target price at $60.
Furthermore, according to the comprehensive report, the opinions of $Ultra Clean (UCTT.US)$'s main analysts recently are as follows:
Ultra Clean's recent quarter results surpassed expectations and the company raised its outlook. Management is optimistic about continued strength in China through the next year, but they also forecast that Ultra Clean will likely achieve just the lower end of the projected margin range in the latter part of the year. The revised revenue projections for 2025 take into account a more cautious stance on China and anticipate a modest decrease in operating margins, now expected to be around 9.3%.
Here are the latest investment ratings and price targets for $Ultra Clean (UCTT.US)$ from 4 analysts:
Note:
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