UCTT is trading 8.1% up at $117.20 as it rebounds from a sharp two-day pullback, buoyed by renewed strength in semiconductor and AI-related stocks following Micron’s strong earnings report.
- The stock is pushing toward recent highs and has surpassed Oppenheimer’s new $115 price target.
- Sentiment remains bullish following recent analyst upgrades, including a Strong Buy designation from Zacks.
- Investors continue to favor the name as a key beneficiary of the ongoing chip equipment cycle and AI infrastructure demand.