Benchmark raised the firm’s price target on Plexus (PLXS) to $220 from $195 and keeps a Buy rating on the shares following stronger-than-expected results. While “constructive” heading into the print, the firm says it was “still surprised” by the strength of the Q2 guidance and “the more upbeat tone” around demand momentum for the balance of FY26 and beyond.
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Read More on PLXS:
- Plexus price target raised to $200 from $150 at Stifel
- Plexus Earnings Call Highlights Strong Growth Pipeline
- Plexus: Strong Fiscal 2026 Start and Upgraded Outlook Support Raised Buy Rating and $206 Price Target
- Plexus reports Q1 adjusted EPS $1.78, consensus $1.73
- Plexus sees Q2 EPS $1.80-$1.95, consensus $1.76