IBD 50 Chip-Gear Stock Ichor Hits Record High On Bullish Report

Semiconductor equipment maker Ichor Holdings (ICHR) saw its stock surge to an all-time high on Friday after getting an upbeat report from a Wall Street firm.

RBC Capital Markets analyst Amit Daryanani reiterated his outperform rating on Ichor and raised his price target to 37 from 27.

Ichor shares were up 3.8%, near 34.60, in afternoon trading on the stock market today. Earlier in the session Ichor notched a record high of 35.51. Ichor went public at 9 a share in December.

Fremont,

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