Ultra Clean Holdings (UCTT) Tops Q1 EPS by 9c, Beats on Revenues; Offers 2Q EPS Outlook Below Consensus, Revenues Mid-Point Outlook Above Consensus

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Go back to Ultra Clean Holdings (UCTT) Tops Q1 EPS by 9c, Beats on Revenues; Offers 2Q EPS Outlook Below Consensus, Revenues Mid-Point Outlook Above Consensus

Ultra Clean (UCTT) PT Lowered to $28 at Needham & Company

April 26, 2018 6:55 AM EDT

Needham & Company lowered its price target on Ultra Clean (NASDAQ: UCTT) to $28.00 (from $34.00) while maintaining a Buy rating.

Analyst Y. Edwin Mok commented, "UCTT delivered strong 1Q18 results which surpassed its own guidance ranges. Expectations for 2Q18 guidance were low after large... More