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Plexus price target raised to $220 from $195 at Benchmark

Tipranks - Sat Jan 31, 7:28AM CST

Benchmark raised the firm’s price target on Plexus (PLXS) to $220 from $195 and keeps a Buy rating on the shares following stronger-than-expected results. While “constructive” heading into the print, the firm says it was “still surprised” by the strength of the Q2 guidance and “the more upbeat tone” around demand momentum for the balance of FY26 and beyond.

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