Truist analyst William Stein raised the firm’s price target on TTM Technologies (TTMI) to $41 from $36 and keeps a Buy rating on the shares after hosting investors with its management’s team. The firm was “pleasantly surprised” by the management’s confidence in idiosyncratic items, including the upside potential from the ramping Penang site, the Syracuse opportunity, and TTM’s AI exposure, the analyst tells investors in a research note.
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