Amkor Technology (AMKR) Reports Q3 EPS of $0.20

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Amkor Technology (AMKR) Price Target Reduced to $9 at Topeka

October 28, 2014 1:30 PM EDT

Topeka Capital maintained a Buy rating on Amkor Technology (NASDAQ: AMKR) and lowered its price target to $9.00 (from $13.00). The change follows Q3 results.

Analyst Suji De Silva said, "AMKR reported 3Q14 revenue and EPS below consensus growth expectations reflecting reduced high-end smartphone demand.... More