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Fly News Breaks for February 7, 2019
ICHR
Feb 7, 2019 | 08:30 EDT
Needham analyst N. Quinn Bolton raised his price target on Ichor Holdings to $27 and kept his Buy rating after its Q4 results, noting that revenues were at the low end of guidance but the decline was smaller than that of most of its peers. The analyst cites "sustained momentum in semiconductor capital equipment spending, stronger than expected growth of the gas and chemical delivery subsystem markets, and greater revenue ramp from new business design wins" as some of Ichor Holdings' potential upside catalysts.
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