TD Cowen raised the firm’s price target on Ultra Clean (UCTT) to $100 from $70 and keeps a Buy rating on the shares. The firm said they expect the company to outperform WFE during the current upcycle and model revenue growth of +25%/+21% in CY26/27 respectively.
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Read More on UCTT:
- Ultra Clean price target raised to $100 from $85 at Oppenheimer
- Krish Sankar Raises Ultra Clean Price Target to $100 on AI-Driven Wafer Fab Upcycle and Margin Expansion Potential
- Ultra Clean Announces CFO Retirement and Leadership Transition
- Ultra Clean announces retirement of CFO Sheri Savage
- Ultra Clean reports Q1 adjusted EPS 31c, consensus 26c
