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Fly News Breaks for January 14, 2020
ACMR
Jan 14, 2020 | 06:57 EDT
Benchmark analyst Mark Miller raised his price target on ACM Research shares to $30 from $19 after the company updated its 2019 guidance and provided its 2020 outlook. Based on the company's view, he has raised his non-GAAP EPS forecast for 2020 to $1.34 from 94c, leading to his increased target. Miller keeps a Buy rating on ACM Research shares.
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