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Ichor Holdings price target lowered to $35 from $45 at DA Davidson

DA Davidson analyst Thomas Diffely lowered the firm’s price target on Ichor Holdings (ICHR) to $35 from $45 and keeps a Buy rating on the shares after its Q2 earnings miss. There are plenty of cross-currents clouding the semiconductor industry, but Ichor is also experiencing a few self-inflicted wounds that have impacted near term margins and earnings, and are having a negative after-market impact on the stock, the analyst tells investors in a research note.

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