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Fly News Breaks for August 22, 2019
ACMR
Aug 22, 2019 | 06:04 EDT
Stifel analyst Patrick Ho initiated ACM Research with a Buy and $22 price target saying the company is an emergin player in the semiconductor equipment space. Ho believes ACM can continue to gain share in the clean market as its products have technical differentiation and expects growth above industry averages near-term. The analyst also said the recent pullback has made shares more attractive.
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