Benchmark Electronics (BHE) Reports In-Line Q2 EPS, Revenue Beats

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Benchmark (BHE) PT Lowered to $32 at RBC Capital

July 25, 2018 7:38 AM EDT

RBC Capital lowered its price target on Benchmark (NYSE: BHE) to $32.00 (from $34.00) while maintaining a Sector Perform rating following better-than-expected results but lower guidance.

Analyst Mitch Steves notes EPS guidance was lower as the company is being impacted by a component shortage.

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