Barclays analyst George Wang raised the firm’s price target on Flex (FLEX) to $43 from $39 and keeps an Overweight rating on the shares post the earnings report. The firm says positive mix shift is more than offsetting lower sales volumes. With the revenue guide reset behind, the analyst sees a good setup for Flex shares.
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Read More on FLEX:
- Flex Ltd Reports Strong Q2 Fiscal 2025 Results
- Flex reports Q2 adjusted EPS 64c, consensus 56c
- Flex sees Q3 adjusted EPS 60c-66c, consensus 65c
- Flex raises FY25 adjusted EPS view to $2.39-$2.51 from $2.30-$2.50
- Is FLEX a Buy, Before Earnings?
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