Stifel raised the firm’s price target on Plexus (PLXS) to $150 from $140 and keeps a Hold rating on the shares after sales and earnings beat consensus in what the firm calls “a robust finish” to the fiscal year. While the firm remains “encouraged” with management execution on strategic initiatives, it keeps a Hold rating with shares trading near the upper end of the historical valuation range.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLXS:
- Plexus downgraded to Neutral from Buy at Sidoti
- Plexus Reports Strong Fiscal Year 2025 Results
- Plexus Earnings Call: Strong Growth Amid Sector Challenges
- Plexus: Strong Performance and Positive Outlook Justify Buy Rating
- Plexus Receives Buy Rating from David Williams Amid Strong Financial Performance and Growth Prospects