Amkor Technology price target raised to $40 from $30 at DA Davidson

DA Davidson raised the firm’s price target on Amkor Technology (AMKR) to $40 from $30 and keeps a Buy rating on the shares. The company posted a solid Q3, though the most exciting parts of the earnings call were indications that several end markets are firming and longer term demand for the new Arizona facility continues to rise, the analyst tells investors in a research note.

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Amkor Technology price target raised to $37 from $32 at Needham Amkor Technology price target raised to $29 from $26 at Goldman Sachs Amkor Technology price target raised to $32 from $27 at JPMorgan Amkor Technology: Balancing Revenue Growth with Margin Challenges Amid Strategic Expansion Amkor’s Strong Performance and Strategic Growth Drive Buy Rating with Raised Price Target

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