Benchmark Electronics price target raised to $92 from $62 at Lake Street

Lake Street raised the firm’s price target on Benchmark Electronics (BHE) to $92 from $62 and keeps a Buy rating on the shares. Semi-cap order flow has been “solid,” says the firm, which believes the stage is set for a meaningful revenue ramp throughout 2026 and believes the stock should continue to work higher as the company approaches double-digit growth in 2026.