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Ultra Clean Holdings (NDAQ:UCTT) target price raised to $32.00, reported today by Cowen

Ultra Clean Holdings (NDAQ:UCTT) had its target price raised to $32.00 by Cowen in a report released 10/18/2017. The new target price indicates a possible downside of -0.06% based on the company's last stock close price.

Previously on 10/13/2017, Needham reported about Ultra Clean Holdings (NDAQ:UCTT) raised the target price from $30.00 to $36.00. At the time, this indicated a possible upside of 0.07%.

Yesterday Ultra Clean Holdings (NDAQ:UCTT) traded 0.77% higher at $34.13. The company’s 50-day moving average is $27.37 and its 200-day moving average is $22.49. The last stock close price is up 51.08% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 815,608 shares of the stock were exchanged, down from an average trading volume of 1,158,680

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Ultra Clean Holdings (NDAQ:UCTT)

Ultra Clean Holdings has a 52 week low of $7.06 and a 52 week high of $34.12 with a P/E ratio of 24.58 The company’s market cap is currently $0.

In addition to Cowen reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $7.83 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Ultra Clean Holdings (NDAQ:UCTT)

Ultra Clean Holdings, Inc. is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company's products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. The Company offers its products for the semiconductor capital equipment and equipment industry segments. It also sells to the consumer, medical, energy, industrial, flat panel and research equipment industries. The Company is focused on providing specialized engineering and manufacturing solutions for these applications. It provides its original equipment manufacturing (OEM) customers an outsourced solution for the development, design, component sourcing, prototyping, engineering, manufacturing and testing of various systems.

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