Amkor Stock Under Pressure: Analyst Cuts Rating Due To Trade Policy Concerns, Slowing End Market Growth
1. Keybanc Analyst downgraded AMKR from Overweight to Sector Weight. 2. Reduced visibility in mobile, auto sectors affects AMKR's demand outlook. 3. Gross margin pressures expected due to socket loss in mobile end market. 4. AMKR shares may stay under pressure until automotive and mobile markets stabilize. 5. Downgrade linked to macro uncertainty and Barger’s cautious approach.