TTM Technologies price target raised to $113 from $91 at Truist

Truist raised the firm’s price target on TTM Technologies (TTMI) to $113 from $91 and keeps a Buy rating on the shares. At an investor conference, TTM’s CEO established explicit revenue and EPS growth targets, including growing sales 15%-20% per year through 2028, the analyst tells investors in a research note. The firm sees room for further upside potential from various sources, especially AI, but also defense, Penang, Syracuse, and even Eau Claire, Truist added.