Benchmark Reiterates Buy on Plexus, Maintains $110 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst David Williams has reiterated a Buy rating on Plexus (NASDAQ:PLXS) and maintained a price target of $110. This reaffirmation of confidence in Plexus's stock performance could influence investor sentiment and potentially impact the stock's short-term price movement.
January 17, 2024 | 3:24 pm
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Benchmark analyst David Williams has reiterated a Buy rating on Plexus and maintained a $110 price target, which could positively influence Plexus's stock in the short term.
Analyst ratings, especially from reputable firms like Benchmark, can significantly affect stock prices. The reiteration of a Buy rating and the maintenance of a high price target suggests confidence in the company's future performance, which could lead to increased investor interest and a potential rise in the stock price in the short term.
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