TTM Technologies Inc (Ticker: TTMI) shares have surpassed the average analyst 12-month target price of $45.25 by trading at $47.47. Analysts are now faced with the decision to either downgrade their valuation or adjust their target price upwards, influenced by the company’s recent performance.
Analysts have varied target prices for TTMI, with one as low as $40.00 and another as high as $50.00. The average target price has a standard deviation of $4.573, reflecting differing opinions among analysts. Currently, the breakdown of ratings shows 3 strong buys, 1 buy, and no holds, sells, or strong sells, maintaining an average rating of 1.25 on a scale where 1 is Strong Buy and 5 is Strong Sell.
Data sourced from Zacks Investment Research highlights a strong bullish sentiment for TTMI, and investors are encouraged to reassess their positions given the stock’s recent performance.
