TTM Technologies (TTMI) Tops Q2 EPS by 9c; Guides In-Line

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Needham & Company Raises Price Target on TTM Technologies (TTMI) to $12 Following Strong 2Q

July 28, 2016 7:50 AM EDT

Needham & Company reiterated a Buy rating on TTM Technologies (NASDAQ: TTMI), and raised the price target to $12.00 (from $10.00), TTMI reported results of $602M in revenues and $0.28 non-GAAP EPS, vs. the Street's estimates of $601M/$0.18. Guidance was $580-620M and $0.16-0.22.

Analyst Sean... More