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acm research stock experiences decline amid insider selling and institutional investments
ACM Research, Inc. saw its stock decline by 3.3%, opening at $24.33, with a market cap of $1.43 billion and a P/E ratio of 18.43. Insiders own 31.24% of the stock, while hedge funds hold 66.75%. The company specializes in single-wafer wet cleaning equipment for integrated chips.
bank of america receives mixed analyst ratings and price target adjustments
Barclays reduced its price target for Bank of America from $58 to $54, maintaining an "overweight" rating, while Oppenheimer raised its target from $50 to $51 with an "outperform" rating. Robert W. Baird upgraded the stock to "outperform" with a new target of $50, whereas Piper Sandler lowered its target to $42 with a "neutral" rating. The company has a "Moderate Buy" average rating from analysts, with a price target of $47.50, and recently reported earnings of $0.90 per share, exceeding expectations. Bank of America also announced a quarterly dividend of $0.26, yielding 2.35%.