TTM Technologies price target raised to $29 from $27.25 at B. Riley

B. Riley raised the firm’s price target on TTM Technologies (TTMI) to $29 from $27.25 and keeps a Buy rating on the shares. The company reported strong Q3 results, the analyst tells investors in a research note. The firm believes Penang will move from a 180 basis point margin decrement currently to a positive contributor by the end of 2025 FY25.