TTM Technologies price target raised to $25.50 from $20.75 at B. Riley

B. Riley raised the firm’s price target on TTM Technologies to $25.50 from $20.75 and keeps a Buy rating on the shares ahead of the Q2 report. The analyst believes the company is well positioned to meet or beat Q2 expectations. The shares have “more room to run,” considering the dual benefits of margin improvement and incremental sales growth enabled by increases to production capacity, the analyst tells investors in a research note.