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Fly News Breaks for November 6, 2019
ICHR
Nov 6, 2019 | 08:58 EDT
B. Riley FBR analyst Craig Ellis raised his price target on Ichor Holdings shares to $40 from $35 after the company reported "mixed" Q3 results but gave guidance that "was even further above" than he previewed, driven by share gains and strength in Foundry/Logic and EUV Litho. Ellis, who cites healthy organic revenue growth, a strong track record of leading customer share gain, and "proven M&A," keeps a Buy rating on Ichor shares.
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