Ultra Clean Holdings (UCTT) Misses Q2 EPS by 2c, Revenues Miss

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Ultra Clean (UCTT) PT Lowered to $26.50 at Dougherty & Co

July 27, 2018 6:46 AM EDT

Dougherty & Co lowered its price target on Ultra Clean (NASDAQ: UCTT) to $26.50 (from $28.00) while maintaining a Buy rating.

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Stifel Remains Bullish on Ultra Clean Holdings (UCTT) Following Announced Intent to Acquire Quantum Global

July 25, 2018 7:35 AM EDT

Stifel reiterated a Buy rating and $30.00 price target on Ultra Clean Holdings (NASDAQ: UCTT) following the company's announced intent to acquire Quantum Global Technologies for $342 million. The deal is not expected to close until the end of the September quarter

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Ultra Clean Holdings (UCTT) Announces Acquisition of Quantum Global Technologies LLC

July 24, 2018 4:41 PM EDT

Ultra Clean Holdings, Inc. (NASDAQ: UCTT) today announced that it has signed an agreement to acquire Quantum Global Technologies, LLC ("QGT"). QGT is a global leader in ultra-high purity, sub-10nm outsourced tool chamber parts cleaning and coating services, tool part life extension, microcontamination analytical services and other optimization solutions to OEM and IDM customers.

"Building on our position as a leading supplier to the semiconductor capital equipment market, today marks a meaningful step in the execution of our longer-term growth strategy to pursue sustained, profitable and diversified growth," said Jim Scholhamer, CEO.... More