Ultra Clean Holdings (UCTT) Tops Q1 EPS by 5c; Raises Outlook

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Ultra Clean (UCTT) PT Raised to $22 at Needham & Company Following 1Q

April 27, 2017 9:30 AM EDT

Needham & Company raised its price target on Ultra Clean (NASDAQ: UCTT) to $22.00 (from $18.00) while maintaining a Buy rating. 1Q revenue of $204.6MM surpassed guidance of $190-197MM and the Street's $192.6MM driven by strong semi sales, offset by decline in non-semi. NG EPS of $0.47 beat... More