Stifel analyst Brian Chin lowered the firm’s price target on Ichor Holdings (ICHR) to $23 from $25 and keeps a Buy rating on the shares. Q2 earnings fell short of the firm’s and consensus estimates and Ichor has now reset expectations, according to the analyst, who feels Ichor is taking the necessary steps to strengthen execution and results despite “another setback.”
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Read More on ICHR:
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