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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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