Ultra Clean Reports Third Quarter 2017 Financial Results

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Ultra Clean (UCTT) PT Lowered to $34 at Needham & Company Following 3Q Release

October 26, 2017 7:43 AM EDT

Needham & Company lowered its price target on Ultra Clean (NASDAQ: UCTT) to $34.00 (from $36.00) while maintaining a Buy rating following the company's 3Q earnings report. Revenue of $242.6MM was up 6.3% QoQ, beating the mid-pt of guidance of $235-245MM and Street's $239.1MM. NG EPS of... More