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Fly News Breaks for January 20, 2017
PLXS
Jan 20, 2017 | 07:44 EDT
Needham analyst Sean Hannan raised his price target for Plexus to $60 from $52 saying that while the company's Q1 report and Q2 guidance was not without noise, he believes "the big picture" remains as the story in progress of accelerating new program ramps in the second half of 2017 and into 2018. The analyst expects execution at Plexus to continue and reiterates a Buy rating on the shares.
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