Oppenheimer analyst Edward Yang raised the firm’s price target on Ichor Holdings (ICHR) to $60 from $36 and keeps an Outperform rating on the shares. The firm notes the company’s Q1 was strong upcycle confirmation and showed encouraging early execution improvement under new CEO Phil Barros, but the stock traded down after hours having already embedded sharp upside after rising 3.5 times year-to-date.
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