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Fly News Breaks for December 21, 2018
UCTT
Dec 21, 2018 | 07:05 EDT
Needham analyst N. Quinn Bolton started Ultra Clean with a Buy rating and $13 price target, stating that the company is highly leveraged to the expected recovery in WFE spending in the second half of 2019. He also believes there will be reduced volatility in its business with the recent acquisition of Quantum Global, Bolton tells investors.
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