B. Riley analyst Craig Ellis raised the firm’s price target on Amkor Technology (AMKR) to $24 from $18 and keeps a Neutral rating on the shares. The firm cites sector valuation expansion post the company’s Q2 report for the target increase. Riley remains on the sidelines pending upside growth catalysts in 2026 and 2027.
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Read More on AMKR:
- Amkor Technology price target raised to $28 from $22 at Needham
- Amkor Technology price target raised to $20 from $19 at Morgan Stanley
- Amkor’s Mixed Prospects: Strong Revenue Growth Amidst Margin Challenges Lead to Hold Rating
- Amkor’s Strong Quarter and Optimistic Outlook Lead to Buy Rating
- Amkor Technology Reports Strong Q2 2025 Performance
