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Benchmark Electronics (BHE) Gets a Buy from Lake Street

Tipranks - Tipranks - Wed Apr 29, 9:00AM CDT

In a report released today, Max Michaelis from Lake Street maintained a Buy rating on Benchmark Electronics, with a price target of $62.00.

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Michaelis covers the Technology sector, focusing on stocks such as Ondas, Aehr Test Systems, and Quantum Computing. According to TipRanks, Michaelis has an average return of 71.7% and a 65.00% success rate on recommended stocks.

Benchmark Electronics has an analyst consensus of Moderate Buy, with a price target consensus of $62.00.

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Based on Benchmark Electronics’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $704.33 million and a net profit of $5.97 million. In comparison, last year the company earned a revenue of $656.89 million and had a net profit of $18.42 million

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