Amkor Technology (AMKR) Tops Q1 EPS; Offers Guidance

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Amkor Technology (AMKR) PT Raised to $40 at DA Davidson

April 30, 2024 5:07 AM EDT

DA Davidson analyst Tom Diffely raised the price target on Amkor Technology (NASDAQ: AMKR) to $40.00 (from $35.00) while maintaining a Buy rating.

The analyst comments "Amkor reported mixed 1Q results with earnings beat but softer than seasonal revenues on continued industry headwinds (end-market softness, inventory digestion, &... More