Movement Alert|TTM Technologies Rises 5.34% in Regular Trading, Electronic Manufacturing Services Sector Broadly Rallies

Market Focus
06/13

On June 13, TTM Technologies rose 5.34% in regular trading, trading at $196.7 per share, with turnover of $219 million. The advance came amid broad-based strength across the Electronic Manufacturing Services sector and continued positive sentiment following a recent analyst upgrade.

On June 11, NEEDHAM reiterated a Buy rating on TTM Technologies with a target price adjusted to $208, reflecting confidence in the company's growth trajectory. The company reported quarterly revenue of $846 million ending March 30, representing 30.42% year-over-year growth, with net income rising 55.35% year-over-year.

Within the Electronic Manufacturing Services sector, individual stocks were broadly higher. Fabrinet rose 5.17%, Celestica gained 3.17%, Jabil Circuit advanced 2.11%, TE Connectivity climbed 1.67%, and Flex added 0.19%. The sector-wide rally provided additional tailwind for TTM Technologies shares.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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