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TTM Technologies (TTMI) Receives a Buy from Needham

Needham analyst James Ricchiuti reiterated a Buy rating on TTM Technologies (TTMIResearch Report) today and set a price target of $18.00. The company’s shares closed yesterday at $15.40.

According to TipRanks, Ricchiuti is a 5-star analyst with an average return of 13.6% and a 57.43% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Cognex, and Coherent Corp.

TTM Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $18.00.

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The company has a one-year high of $17.49 and a one-year low of $9.76. Currently, TTM Technologies has an average volume of 504K.

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TTM Technologies, Inc. engages in the manufacture and sale of printed circuit boards and backplane assemblies. It operates through the following segments: Printed Circuit Board and Electro-Mechanical Solutions. It offers products such as backplanes, system integration, chassis assemblies, integrated circuit substrates and chips, and engineering services. The company was founded on March 20, 1978 and is headquartered in Santa Ana, CA.

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