Plexus Corp (PLXS) Tops Q1 EPS by 2c; Guides Q2 In-Line

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Needham & Company Reiterates Buy on Plexus Corp (PLXS) Following 1Q Results

January 22, 2016 9:00 AM EST

Needham & Company reiterated a Buy rating and $38.00 price target on Plexus (NASDAQ: PLXS) following the company's 1Q earnings report. Revenues of $617M and EPS of $0.47 vs. prior guide of $600-625M and $0.41-0.48 vs. consensus $610M and $0.45.

Analyst Sean Hannan commented, "PLXS... More