Needham analyst James Ricchiuti raised the firm’s price target on Benchmark Electronics (BHE) to $62 from $55 and keeps a Buy rating on the shares. The company posted better-than-expected Q4 results and provided a solid Q1 outlook as Benchmark prepares for an orderly transition to a new CEO in early 2026 against a backdrop of improving end market demand, the analyst tells investors in a research note.
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