TTM Technologies price target raised to $71 from $56 at B. Riley

B. Riley analyst Mike Crawford raised the firm’s price target on TTM Technologies (TTMI) to $71 from $56 and keeps a Buy rating on the shares. Omdia projects the AI infrastructure market to grow 67% year over year in 2025, supporting continued strength in TTM’s data center and networking segments, the analyst tells investors in a research note. Additionally, TTM’s aerospace and defense business, driven by RF and mission systems electronics, is well-positioned for long-term outperformance amid ongoing radar modernization and global missile system replenishment, the firm adds.