![]() CNBC's Michael Bloom contributed reporting. "Our positive view is based on (1) structural mix shift to higher margin end markets, (2) management's medium term target of growing core business revenues at high single digits CAGR and growing operating margin to 5.0%," Bhattacharya said, adding that consistent and solid free cash flows, new end markets and a focus on creating shareholder value underpin his buy rating. He also sees an opportunity for the manufacturing solutions and services company to use proceeds from a recent underwriting offering for buybacks. Strength within Flex's automotive, health care and industrial businesses, along with improving margins within its reliability segment, should drive mostly in-line results for the fiscal first quarter of 2024, according to the analyst. Shares have added more than 28% since the start of the year. Pay your Target Redcard Credit Card (TD Bank) bill online with doxo, Pay with a credit card, debit card, or direct from your bank account. ![]() The price hike reflects nearly 13% upside from Friday's close. Inverters are included in FLEX's core renewables business which is part of its industrial segment," he wrote in a Friday note to clients. FLEX YTD mountain Shares in 2023 "FLEX should continue to benefit from the Inflation Reduction Act (IRA) which can help spur demand for clean energy and reshoring manufacturing back to the US. The analyst also highlighted the company's long-term business mix and improving margins as contributing factors to the price hike. to $31 from $28, citing its 15-year partnership to make microinverters for Enphase Energy. Analyst Ruplu Bhattacharya upped the bank's price target on shares of Flex Ltd. Personal Loans for 670 Credit Score or Lowerīank of America sees more upside in store for this little-known beneficiary of reshoring trends and the Inflation Reduction Act. Personal Loans for 580 Credit Score or Lower Amazon ensures payment for your sales (minus the Amazon Seller fees) is. Best Debt Consolidation Loans for Bad Credit Example 2: If your item weighing 3.5kgs (containing electronic item) is shipped.
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