Benchmark Co. analyst Mark Miller maintained a Buy rating on ACM Research (ACMR – Research Report) today and set a price target of $32.00. The company’s shares closed yesterday at $21.79.
Miller covers the Technology sector, focusing on stocks such as Nova, ACM Research, and Amtech Systems. According to TipRanks, Miller has an average return of 20.8% and a 56.56% success rate on recommended stocks.
Currently, the analyst consensus on ACM Research is a Strong Buy with an average price target of $25.75.
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ACMR market cap is currently $1.24B and has a P/E ratio of 19.89.
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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:
- ACM Research Reports Fourth Quarter and Fiscal Year 2023 Results
- 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
