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Fly News Breaks for April 27, 2017
UCTT
Apr 27, 2017 | 09:26 EDT
Craig-Hallum analyst Christian Schwab raised his price target for Ultra Clean to $25 from $20 after the company reported better than expected results and guidance driven by the continued rising tide being experienced in the broader WFE market and compounded by Ultra Clean's strong exposure to deposition and etch semiconductor capital equipment, which is growing faster than the broader WFE market. The analyst reiterates a Buy rating on the shares.
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