TD Cowen raised the firm’s price target on Ultra Clean (UCTT) to $70 from $35 and keeps a Buy rating on the shares. The firm said over the past quarter the industry’s view of leading edge F/L and DRAM (HBM) has become incrementally more positive with dep/etch/CMP leveraged companies benefitting in CY26 and they view this as a positive for Ultra Clean shares.
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Read More on UCTT:
- Ultra Clean price target raised to $85 from $35 at Oppenheimer
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