Benchmark Electronics price target raised to $57 from $51 at Lake Street

Lake Street raised the firm’s price target on Benchmark Electronics (BHE) to $57 from $51 and keeps a Buy rating on the shares as the analyst took over coverage of the stock. The firm believes Benchmark is well-positioned for sustained, long-term growth in the A&D, AI, and Medical verticals and thinks the stock should work higher as the company begins to ramp Semi orders throughout 2026, the analyst tells investors.