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Flex price target raised to $78 from $60 at Barclays

Barclays analyst Tim Long raised the firm’s price target on Flex (FLEX) to $78 from $60 and keeps an Overweight rating on the shares following the earnings report. The company’s data center revenues were again a growth driver with 35% year-over-year growth for fiscal 2026 maintained, “but looking conservative,” the analyst tells investors in a research note.

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