tiprankstipranks
Advertisement
Advertisement

TTM Technologies price target raised to $182 from $165 at B. Riley

B. Riley analyst Mike Crawford raised the firm’s price target on TTM Technologies (TTMI) to $182 from $165 and keeps a Buy rating on the shares. TTM Technologies reported materially stronger-than-expected demand tied to AI-driven advanced printed circuit board applications, with FY26 revenue now implied at about $4B driven by next-generation server complexity and high-layer board production, prompting upward revisions to revenue and EBITDA forecasts on improving margins and accelerating capex payback across its China facilities, the analyst tells investors in a research note.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1