ACM Research (ACMR) Receives a Hold from Benchmark Co.


In a report released today, Mark Miller from Benchmark Co. maintained a Hold rating on ACM Research (ACMR). The company’s shares closed last Wednesday at $91.50.

According to TipRanks.com, Miller is a top 100 analyst with an average return of 25.9% and a 71.3% success rate. Miller covers the Technology sector, focusing on stocks such as Axcelis Technologies, Western Digital, and MKS Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ACM Research with a $117.43 average price target, implying a 30.5% upside from current levels. In a report released today, Needham also maintained a Hold rating on the stock.

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The company has a one-year high of $113.87 and a one-year low of $15.95. Currently, ACM Research has an average volume of 280.8K.

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ACM Research, Inc. engages in the development, manufacture, and sale of single-wafer wet cleaning equipment. It operates through the Space Alternated Phase Shift and Timely Energized Bubble Oscillation technology. The company was founded by David H. Wang in January 1998 and is headquartered in Fremont, CA.

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