Read Why DA Davidson Is Bullish On Ichor

December 31, 2021 9:42 AM | 1 min read

DA Davidson analyst Thomas Diffely reiterated a Buy and $75 price target on Ichor Holdings Ltd ICHR. The price target implies a 63% upside.
Diffely stated that the stock is a "great way" to play semiconductor supercycle.
Ichor offers an "unmatched risk-reward profile" as it is leveraged to all the same drivers but trades at a significant discount.
The shares of Ichor have dramatically underperformed over the past two years, even though its fundamentals stay robust.
Ichor is engaged in designing, engineering, and manufacturing critical fluid delivery subsystems and components for semiconductor capital equipment.
Price Action: ICHR shares traded higher by 0.63% at $46.15 on the last check Friday.