4 Analysts Have This To Say About Plexus
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Plexus (NASDAQ:PLXS) over the past three months, with a positive shift in price targets. The average 12-month price target has increased by 11.34% to $147.25. Despite a recent revenue decline, Plexus shows strong profitability and financial health.
October 21, 2024 | 2:00 pm
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Plexus (NASDAQ:PLXS) has received mixed analyst ratings, with a notable increase in the average 12-month price target to $147.25, up 11.34%. Despite a 5.96% revenue decline, the company maintains strong profitability and financial health.
The increase in the average price target by analysts suggests a positive outlook for Plexus, despite recent revenue challenges. The company's strong profitability metrics and financial health support this positive sentiment, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100