All Reports

We are reducing our rating on the shares of Fabrinet (FN; $717.80) from Outperform to Equal-Weight. We think upside on FN is now more limited for the time being after considering all the “puts and…

We reiterate our Outperform and raise our target to $550 on the shares of Western Digital (WDC; $431.52) after the company posted another robust “beat and raise” with its FQ3 (Mar) print on Thursday (4/30)….

We believe last week’s Q1 results and Q2E guidance from Sensata (ST; $42.19; E/W) represented another incremental “proving point” on the company’s march towards providing investors with steady sales growth and margin expansion under still…

Belden (BDC; $114.15; E/W) posted a solid Q1 set of results on Thursday (4/30), including EPS of $1.77, which beat our $1.70, led by some broadly better than expected sales that led to solid operating…

We stick with our Outperform, raise our target to $1,500, and boost F2026/2027E (Jun) EPS from $32.50/$100 to a remarkable $63/$160 on the shares of SanDisk (SNDK; $1,187.00) after it delivered another quarter of massive…

We are adjusting our 2026/2027E EPS for Amkor Technology (AMKR; $71.42; E/W) from $1.85/$2.10 to $2.05/$2.20 for a recent Q1 “beat and raise” as well as to consider initial margin and EPS dilution as the…

We reiterate our Outperform and raise our target from $135 to $190 on the shares of TTM Technologies (TTMI; $158.22) after the company delivered a healthy Q1 “beat and raise”. As a result, we also…

We are raising our F2026/2027E (Sept) EPS on Plexus (PLXS; $250.08; E/W) from $7.70/$8.70 to $8.05/$9.50, which equates to average EPS growth of 13% across these two fiscal years, albeit now positioned to generally accelerate…

We reiterate our Outperform and raise our target from $75 to $100 on the shares of Benchmark Electronics (BHE; $72.40) after the company produced a solid Q1 beat that was accompanied by a significantly more…

We reiterate our Outperform and raise our target from $180 to $190 on the shares of Amphenol (APH; $148.38) as we also increase EPS estimates meaningfully after the company’s especially healthy “beat and raise”. From…

We reiterate our Outperform and raise our price target to $800 on the shares of Seagate (STX; $672.62) after the company produced a substantial FQ3 (Mar) “beat and raise” last night, which further highlighted to…

We raise our 2026/2027E EPS for Celestica (CLS; $361.54; O/P) from an already robust $8.75/$12.50 to now assume at least $10.15/$14.55, after the company produced a healthy Q1 EPS “beat and raise”. Admittedly, Q1 upside…

We raise our 2026/2027E EPS from $2.90/$3.25 to $3.10/3.75 for Corning (GLW; $153.05; E/W) after the company produced some modest Q1 upside with some more favorable forward-looking guidance, which was not surprisingly led by Optical…

We reiterate our Outperform, raise our target from $200 to $250, and increase F2026/2027E (Sept) EPS from $10.05/$11.10 to $11.00/$12.75 on Sanmina (SANM; $188.08) after a big FQ2 (Mar) “beat and raise” confirmed to us…

We are slightly reducing our 2026E gross bookings (GB), revenues, and EBITDA forecasts for Lyft (LYFT; $13.98; O/P) ahead of its Q1 results and guidance, scheduled for May 7th (after market), to better consider the…