Plexus Corp (PLXS) Tops Q2 EPS by 17c; Initiates 3Q EPS/Revenues Guidance

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Go back to Plexus Corp (PLXS) Tops Q2 EPS by 17c; Initiates 3Q EPS/Revenues Guidance

Plexus (PLXS) PT Raised to $102 at Needham & Company

April 23, 2021 6:34 AM EDT

Needham & Company analyst James Ricchiuti raised the price target on Plexus (NASDAQ: PLXS) to $102.00 (from $89.00) while maintaining a Buy rating.

The analyst commented, "FQ2 revenue increased 15% y/o/y, at the midpoint of guidance, while the highest gross margins in four... More