Analyst Rating Update on TTM Technologies (TTMI)

TTM Technologies (TTMI) has an average broker rating of 1.33, which is interpreted as a Strong Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.

TTM Technologies (TTMI) : 3 investment research analysts covering TTM Technologies (TTMI) have an average price target of $11.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $12 and the lowest target is $11 for the short term. Analysts expect the variance to be within $0.58 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.


TTM Technologies (NASDAQ:TTMI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.25 and $10.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.26, notching a gain of 0.10% for the day. The total traded volume was 1,351,043 . The stock had closed at $10.25 on the previous day.

TTM Technologies, Inc. is a provider of printed circuit board (PCB) products and backplane assemblies, which serve as the foundation of electronic products. The Company operates a total of 13 facilities in the United States and the Peoples Republic of China (China). It manages operations based on two geographic operating segments: Asia Pacific, which consists of five PCB fabrication plants, and North America, which consists of seven domestic PCB fabrication plants, including a facility that provides follow-on value-added services primarily for one of the PCB fabrication plants, and one backplane assembly plant in Shanghai, China, which is managed in conjunction with its United States operations. It serves a range of customer base in various markets, including manufacturers of networking/communications infrastructure products, smartphones, and touchscreen tablets, as well as the aerospace and defense, high-end computing, and industrial/medical industries.

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