B. Riley raised the firm’s price target on TTM Technologies (TTMI) to $50 from $36 and keeps a Buy rating on the shares ahead of the Q2 report on July 30. The firm sees upside to estimates from “robust” defense budgets and continued generative artificial intelligence-driven strength in TTI’s data center and networking verticals.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTMI:
- TTM Technologies acquires facility in Eau Claire, Wisconsin
- TTM Technologies launches MSK5065RH switching regulator
- TTM Technologies price target raised to $48 from $41 at Truist
- Jabil (JBL) Taps AI Infrastructure Boom to Boost Earnings Per Share
- Positive Outlook for TTM Technologies Driven by Strong AI Supply Chain Performance and Defense Business Growth