ACM Research (ACMR) Tops Q4 EPS by 27c, offers outlook

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Goldman Sachs Upgrades ACM Research, Inc. (ACMR) to Buy

February 29, 2024 8:38 AM EST

Goldman Sachs analyst Allen Chang upgraded ACM Research, Inc. (NASDAQ: ACMR) from Neutral to Buy with a price target of $39.00 (from $22.10).

The analyst comments "We turned positive on the capex cycle in Nov 2023 (report link), leading to us upgrade Naura... More