Morgan Stanley raised the firm’s price target on Amkor Technology (AMKR) to $45 from $28 and keeps an Equal Weight rating on the shares. The firm is revising EPS estimates following the company’s Q4 report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMKR:
- Amkor Technology price target raised to $43 from $38 at Goldman Sachs
- Closing Bell Movers: Upwork down over 20% on soft guidance
- Amkor Technology sees Q1 EPS 18c-28c, consensus 24c
- Amkor Technology reports Q4 EPS 69c, consensus 44c
- Amkor Technology options imply 9.7% move in share price post-earnings