DA Davidson analyst Thomas Diffely raised his price target on Ichor Holdings (ICHR) to $40 and kept his Buy rating after its above-consensus Q4 pre-announcement and sequential revenue growth guidance anticipated for Q1. The analyst notes that most semicap equipment players are benefiting from the recent heightened demand in Logic and Foundry, but Ichor Holdings is in a "particularly strong position" as a key supplier to market leaders Applied Materials (AMAT) and Lam Research (LRCX).
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here