In a report released today, Christian Schwab from Craig-Hallum assigned a Buy rating to ACM Research (ACMR – Research Report). The company’s shares closed last Friday at $20.49.
Schwab covers the Technology sector, focusing on stocks such as Flex, Infinera, and Nokia. According to TipRanks, Schwab has an average return of 16.1% and a 61.29% success rate on recommended stocks.
ACM Research has an analyst consensus of Strong Buy, with a price target consensus of $25.75.
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The company has a one-year high of $22.47 and a one-year low of $8.75. Currently, ACM Research has an average volume of 1.08M.
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ACM Research (ACMR) Company Description:
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.
Read More on ACMR:
- ACMR Earnings this Week: How Will it Perform?
- ACM Research to Release Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024
- ACM Research Subsidiary Lists on STAR Market
- ACM Research (Shanghai) Proposes Private Share Offering
- ACM Research’s Operating Subsidiary ACM Research (Shanghai) Announces Proposed Private Offering of Ordinary Shares
