📅 2 days ago Analyzed on Jan 16, 2026

AMKR

Amkor Technology Inc.
2026-01-16 03:02 PM
-2.28%
Amkor drifts lower as UBS downgrade overhang persists despite B. Riley price target hike
B. Riley raised its price target on Amkor to $48 from $29 while maintaining a Neutral rating, per MarketScreener. However, this follows a sharp UBS downgrade earlier in the week that drove a significant selloff on January 14-15.

Analysis

Today's decline appears to be continued weakness from the UBS downgrade that triggered a nearly 8% drop earlier this week. The B. Riley price target increase to $48 (roughly current levels) with a Neutral rating offers little upside catalyst. Light volume at 0.6x average suggests this is more drift than active selling, with the stock still digesting the recent analyst negativity.

Date: 2026-01-16
Price: $48.15
Type: Stock Specific
Confidence: medium

This is a permanent link to this specific analysis (ID: 2245)

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