Topeka Capital Starts Amkor Technology (AMKR) at Buy
Tweet
Share
E-mailGet Alerts AMKR Hot Sheet
Price: $50.26 -1.18%
Rating Summary:
7 Buy, 8 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
7 Buy, 8 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Topeka Capital initiated coverage on Amkor Technology (NASDAQ: AMKR) with a Buy rating and a price target of $5.00.
Analyst Suji De Silva said, "While AMKR margins and utilization are exposed to overall semiconductor unit demand, we are encouraged by the Company’s strength at the high-end of the OSAT market. As a result, we believe that AMKR can drive higher capital efficiency, margins, and return on invested capital than its competitors. We expect these metrics to further improve as the Company drives consolidation in the OSAT industry."
For an analyst ratings summary and ratings history on Amkor Technology click here. For more ratings news on Amkor Technology click here.
Shares of Amkor Technology closed at $4.37 yesterday.
Analyst Suji De Silva said, "While AMKR margins and utilization are exposed to overall semiconductor unit demand, we are encouraged by the Company’s strength at the high-end of the OSAT market. As a result, we believe that AMKR can drive higher capital efficiency, margins, and return on invested capital than its competitors. We expect these metrics to further improve as the Company drives consolidation in the OSAT industry."
For an analyst ratings summary and ratings history on Amkor Technology click here. For more ratings news on Amkor Technology click here.
Shares of Amkor Technology closed at $4.37 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- DA Davidson Starts Everus (ECG) at Buy
- Walmart (WMT) PT Lowered to $125 at JPMorgan, Overweight Rating Maintained as 'Short Case Feels Greedy'
- Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, New CoverageSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
