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TTM Technologies price target raised to $160 from $125 at Needham

Needham analyst James Ricchiuti raised the firm’s price target on TTM Technologies (TTMI) to $160 from $125 and keeps a Buy rating on the shares after its Q1 earnings beat. The company now sees a much stronger 2026 after delivering an impressive beat and raise, led by Data Center Computing and Networking, the analyst tells investors in a research note. The tone of the earnings call was bullish, with TTM expecting 31% sequential growth in Data Center Computing and Networking business, the firm added.

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