DA Davidson lowered the firm’s price target on Ichor Holdings (ICHR) to $45 from $50 and keeps a Buy rating on the shares. Tariff and export control uncertainty is impacting demand, while initial ramp growing pains for internally sourced components is impacting supply and margins, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ICHR: