In a report released today, James Ricchiuti from Needham reiterated a Buy rating on TTM Technologies (TTMI – Research Report), with a price target of $18.00. The company’s shares opened today at $16.61.
Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Stratasys, and TTM Technologies. According to TipRanks, Ricchiuti has an average return of 17.7% and a 63.40% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TTM Technologies with a $18.00 average price target.
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TTMI market cap is currently $1.73B and has a P/E ratio of 18.08.
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TTM Technologies, Inc. engages in the manufacture and sale of printed circuit boards and backplane assemblies. It operates through the following segments: Printed Circuit Board and Electro-Mechanical Solutions. It offers products such as backplanes, system integration, chassis assemblies, integrated circuit substrates and chips, and engineering services. The company was founded on March 20, 1978 and is headquartered in Santa Ana, CA.
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