Ultra Clean Holdings PT Raised to $12.50 at Dougherty & Co (UCTT)
Equities research analysts at Dougherty & Co raised their target price on shares of Ultra Clean Holdings (NASDAQ:UCTT) from $10.50 to $12.50 in a research note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Dougherty & Co’s price objective points to a potential upside of 6.56% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Needham & Company raised their price target on shares of Ultra Clean Holdings from $13.00 to $15.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Ultra Clean Holdings in a research note to investors on Wednesday, January 8th. They set a “buy” rating and a $13.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Ultra Clean Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 24th. They now have a $10.80 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $10.66.
In other Ultra Clean Holdings news, SVP Bruce Wier sold 30,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $10.65, for a total value of $319,500.00. Following the transaction, the senior vice president now directly owns 83,567 shares of the company’s stock, valued at approximately $889,989. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Ultra Clean Holdings, Inc is a developer and supplier of critical subsystems, primarily for the semiconductor capital equipment industry.
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