Plexus Announces Fiscal Fourth Quarter and Fiscal Year 2022 Financial Results

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Plexus (PLXS) PT Raised to $110 at Benchmark, 'Demand Momentum and Solid Execution Drives Stellar Quarter'

October 28, 2022 6:20 AM EDT

Benchmark analyst David Williams raised the price target on Plexus (NASDAQ: PLXS) to $110.00 (from $105.00) while maintaining a Buy rating.

The analyst comments "Despite the slowing macro trends, semi cap equipment uncertainties, and ongoing supply challenges, Plexus delivered impressive 4Q results and a surprisingly... More