Barclays analyst Tim Long raised the firm’s price target on Flex (FLEX) to $78 from $60 and keeps an Overweight rating on the shares following the earnings report. The company’s data center revenues were again a growth driver with 35% year-over-year growth for fiscal 2026 maintained, “but looking conservative,” the analyst tells investors in a research note.
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Read More on FLEX:
- Flex Ltd Reports Strong Q2 Earnings and Raises Guidance
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- Flex’s Strong Performance and Strategic Positioning Drive Buy Rating and Increased Target Price
- Flex price target raised to $75 from $52 at Stifel
