BofA analyst Ruplu Bhattacharya raised the firm’s price target on Flex (FLEX) to $50 from $48 and keeps a Buy rating on the shares after having hosted a fireside chat with CEO Revathi Advaithi at the BofA 2025 Global Technology Conference. Following the event, the firm uses a slightly higher multiple on more confidence in datacenter revenue growth, which offers accretive margins, the analyst tells investors.
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