TTM Technologies price target raised to $78 from $60 at Truist

Truist raised the firm’s price target on TTM Technologies (TTMI) to $78 from $60 and keeps a Buy rating on the shares. The company delivered an excellent Q3 result and guided Q4 above consensus as the trends that have been helping in the last few quarters around demand, mix, pricing, and execution all continue, the analyst tells investors in a research note. Truist adds that it also has much higher confidence in 2026 AI growth, which also lifts margins.