Amkor Technology receives a $40 price target and "Buy" rating from Needham & Company, surpassing earnings and revenue estimates.

Amkor Technology (NASDAQ: AMKR) has received a $40 price target and a "Buy" rating from Needham & Company LLC. The semiconductor company's latest quarter earnings were $0.24 per share, surpassing analysts' estimates by $0.13, while its revenue reached $1.37 billion, exceeding expectations of $1.36 billion. Amkor Technology has a consensus rating of "Moderate Buy" and an average price target of $37.67.

May 04, 2024
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