Needham Maintains Buy on Plexus, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Plexus (NASDAQ:PLXS) and raises the price target from $144 to $162.
October 25, 2024 | 11:06 am
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Needham analyst James Ricchiuti has reaffirmed a Buy rating for Plexus and increased the price target from $144 to $162, indicating a positive outlook for the stock.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can boost investor confidence and potentially lead to a short-term increase in the stock price. The significant raise in the price target suggests strong expected performance.
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IMPORTANCE 80
RELEVANCE 100