Oppenheimer lowered the firm’s price target on Ultra Clean (UCTT) to $60 from $70 and keeps an Outperform rating on the shares. The firm notes the company reported mixed Q4 results and issued a soft Q1 2025 revenue guide due to China weakness and headwinds in Services from a struggling IDM customer.
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Read More on UCTT:
- Buy Rating Maintained for Ultra Clean Holdings Despite China Setbacks and Adjusted Price Target
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