Needham & Company Reiterates a 'Buy' on Plexus (PLXS) After Analyst Day: Setting The Stage For Strong Long-Term Growth Continuity

June 10, 2011 8:34 AM EDT
Get Alerts PLXS Hot Sheet
Price: $267.41 +1.28%

Rating Summary:
    8 Buy, 3 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Needham & Company reiterates a 'Buy' on Plexus (NASDAQ: PLXS), PT $43.

Needham analyst says, "Plexus’ solid model continues to drive strong growth through a product mix focus on high complexity/low volume and strategic customer relationships (heavily weighted toward non-traditional spaces and ‘stickier’ programs). In the near-to-medium term, we expect this approach to continue to drive healthy double-digit growth above its peers."

For more ratings news on Plexus click here and for the rating history of Plexus click here.

Shares of Plexus closed at $34.33 yesterday.


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