Ultra Clean Holdings (UCTT) Tops Q2 EPS by 28c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Above Consensus

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Go back to Ultra Clean Holdings (UCTT) Tops Q2 EPS by 28c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Above Consensus

Ultra Clean (UCTT) PT Raised to $35 at Needham & Company

July 30, 2020 7:47 AM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on Ultra Clean (NASDAQ: UCTT) to $35.00 (from $26.00) while maintaining a Buy rating.

The analyst commented, "Ultra Clean reported another strong beat-and-raise quarter, thanks to the resilience and the faster-than-expected recovery of its... More