TTM Technologies price target raised to $56 from $43 at Needham

Needham raised the firm’s price target on TTM Technologies (TTMI) to $56 from $43 and keeps a Buy rating on the shares. The company posted much stronger-than-expected Q2 revenues and EPS, driven by the key Aerospace and Defense and Data Center verticals along with an out-performance in several other commercial markets, the analyst tells investors in a research note.