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Flex price target raised to $44 from $35 at KeyBanc

KeyBanc raised the firm’s price target on Flex (FLEX) to $44 from $35 and keeps an Overweight rating on the shares. The firm notes shares rose following Q4 2025 results, which beat estimates, though FY26’s guide was higher on EPS but lower on revenue. Despite recently changing headlines and narratives in Datacenter/AI, KeyBanc thinks performance has generally exceeded lowered expectations in Q1.

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