Needham raised the firm’s price target on Benchmark Electronics (BHE) to $48 from $45 and keeps a Buy rating on the shares after its “solid” quarterly print. Benchmark is delivering consistently high margins despite year-to-date revenues being down 7%, and while 2025 is likely to start off slow, margins should continue to hold up well, setting up for what will be a stronger second half, the analyst tells investors in a research note.
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Read More on BHE:
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