TTM Technologies shares are trading higher after Stifel upgraded the stock from Hold to Buy and raised its price target from $15 to $19.
Portfolio Pulse from Benzinga Newsdesk
TTM Technologies' stock price increased following an upgrade by Stifel from Hold to Buy, with a raised price target from $15 to $19.
May 02, 2024 | 3:21 pm
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POSITIVE IMPACT
TTM Technologies' stock is likely to experience a short-term increase in price following the upgrade by Stifel from Hold to Buy and an increase in the price target from $15 to $19.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a positive change in the analyst's view of the company's future prospects. The increase in TTM Technologies' price target from $15 to $19 by Stifel indicates a stronger confidence in the company's potential for growth, likely leading to increased investor interest and a rise in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100