Stifel Upgrades TTM Technologies to Buy, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Sheerin upgraded TTM Technologies (TTMI) from Hold to Buy and increased the price target from $15 to $19.
May 02, 2024 | 9:27 am
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Stifel upgraded TTM Technologies to Buy from Hold and raised the price target to $19 from $15.
Upgrades by analysts, especially from Hold to Buy, typically lead to positive short-term price movements as they reflect a positive change in the stock's outlook. The increase in price target further supports this bullish sentiment, suggesting that the analyst sees significant upside potential from the current price level.
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