Stifel raised the firm’s price target on Flex to $37 from $32 and keeps a Buy rating on the shares. The firm “modestly” raised forward estimates following a “solid Q1” report that featured sales and adjusted EPS that were both well ahead of consensus, the analyst tells investors in a post-earnings note. The firm believes Flex continues to execute well in a tough demand environment and should see growth accelerate into FY26 amid ramps across cloud, auto, and industrial end markets, the analyst added.
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