TTM Technologies (TTMI) Soars to All-Time High on 33% PT Upgrade

We precocious published 10 Stocks Leaving Wall Street successful the Dust; 4 Hit Fresh Records. TTM Technologies, Inc. (NASDAQ:TTMI) was 1 of the apical performers connected Tuesday.

TTM Technologies rallied to a caller all-time precocious connected Tuesday, arsenic investors snapped up shares aft the institution earned a 33 percent terms people upgrade from an concern firm.

At intra-day trading, the banal jumped to its highest terms of $96.45 earlier trimming gains to extremity the time conscionable up by 19.71 percent astatine $93.24 apiece, aft Needham & Company importantly raised its terms people to $105 from $79 previously. Even with the caller surge, the caller fig inactive marked a 12.6 percent upside from its latest closing price.

Needham besides maintained its “buy” proposal for its stock.

The upgrade followed the information of TTM Technologies, Inc. (NASDAQ:TTMI) President and CEO Edwin Roks and Chief Finance Officer Dan Boehle astatine the ongoing Needham Growth Conference connected January 13th and 14th astatine the Lotte New York Palace Hotel successful New York.

TTM Technologies, Inc. (NASDAQ:TTMI) is engaged successful the accumulation of exertion products, including ngo systems, vigor frequence components, RF microwave/microelectronic assemblies, and technologically precocious printed circuit boards.

For the 4th fourth of 2025, the institution targets to registry nett income betwixt $730 cardinal and $770 million, arsenic good arsenic diluted net per stock of $0.60 to $0.70.

While we admit the imaginable of TTMI arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.