Needham analyst James Ricchiuti raised the firm’s price target on TTM Technologies (TTMI) to $79 from $77 and keeps a Buy rating on the shares after meeting with its CEO. The company’s Data Center Computing momentum remains the key growth driver, with continued robust growth expected in 2026, as TTM Technologies adds capacity at its most advanced PCB factories in China, the analyst tells investors in a research note. The management is also encouraged by the weekly yield reports it’s getting from Penang, though the strong growth trajectory in DCC in 2026 does not appear to be contingent on the Penang ramp, the firm added.
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