In a report issued on May 3, Quinn Bolton from Needham reiterated a Buy rating on Ultra Clean Holdings (UCTT), with a price target of $15. The company’s shares closed yesterday at $14.16.
According to TipRanks.com, Bolton is a top 100 analyst with an average return of 17.3% and a 67.8% success rate. Bolton covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Quantenna Communications, and Applied Materials Inc.
Ultra Clean Holdings has an analyst consensus of Strong Buy, with a price target consensus of $17, implying a 20.1% upside from current levels. In a report issued on May 3, Cowen & Co. also maintained a Buy rating on the stock with a $20 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $19.09 and a one-year low of $6.94. Currently, Ultra Clean Holdings has an average volume of 547.7K.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ultra Clean Holdings, Inc. engages in the design, and manufacture of production tools, modules and subsystems for the semiconductor capital equipment industry. Its products include engineering, new product introductory (NPI), supply chain management, chemical and gas delivery, metal fabrication, precision machining, system integration, and thermal control.
