Oppenheimer analyst Edward Yang raised the firm’s price target on Ichor Holdings (ICHR) to $36 from $32 and keeps an Outperform rating on the shares. The firm notes Ichor had a solid Q4 and continued to rebuild credibility under new CEO Phil Barros, projecting that “every quarter in 2026 will be a growth quarter,” implicitly targeting 15%-20% 2026 revenue growth, and two times gross profit leverage as volumes recover.
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 ICHR:
- Ichor Holdings upgraded to Buy from Neutral at B. Riley
- Ichor Holdings price target raised to $30 from $25 at Stifel
- Ichor: Leveraging the Semiconductor Equipment Upcycle and Cost Transformation for Margin Expansion and Upside Potential
- Closing Bell Movers: Upwork down over 20% on soft guidance
- Ichor Holdings reports Q4 EPS 1c, consensus (6c)