Raymond James upgraded Flex (FLEX) to Outperform from Market Perform with a $75 price target The recent pullback in the shares presents a “compelling entry point,” the analyst tells investors in a research note. The firm likes Flex’s exposure to cloud and artificial intelligence infrastructure. Flex’s “unique” power portfolio is proving to be an important factor in hyperscale datacenter builds, and is drawing greater interest from the industry, contends Raymond James.
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