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Fly News Breaks for December 21, 2018
ICHR
Dec 21, 2018 | 06:58 EDT
Needham analyst Quinn Bolton started Ichor Holdings with a Buy rating and $22 price target. Despite the current downturn in WFE spending, Ichor is well positioned to resume growth given the expected second half of 2019 recovery and its "multiple targeted revenue growth opportunities," Bolton tells investors in a research note. The analyst sees "compelling value" in the shares.
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