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Fly News Breaks for February 18, 2020
AMAT, LRCX, UCTT
Feb 18, 2020 | 08:43 EDT
Craig-Hallum analyst Christian Schwab raised his price target for Ultra Clean (UCTT) to $30 from $22.50 following a positive industry growth outlook from both of Ultra Clean's leading customers Lam Research (LRCX) and Applied Materials (AMAT), which represent greater than 60% of the company's revenue in the most recent quarter. The analyst has a Buy rating on Ultra Clean's shares.