B. Riley Raised the Firm's PT on TTM Technologies (TTMI)

TTM Technologies, Inc. (NASDAQ:TTMI) is one of the Best Performing Tech Stocks According to Hedge Funds. On July 16, B. Riley raised the firm’s price target on TTM Technologies, Inc. (NASDAQ:TTMI) from $36 to $50, while keeping a Buy rating on the stock.

The rating comes ahead of the company’s Q2 report scheduled for July 30. The firm expects strong results from the company’s data-center and networking verticals, driven by robust defense budget spending and continued investments in generative AI.

Management of TTM Technologies, Inc. (NASDAQ:TTMI) expects Q2 2025 revenue to be between the range of $650 million and $690 million, with non-GAAP net income per share to be in the range of $0.49 to $0.55.

TTM Technologies, Inc. (NASDAQ:TTMI) specializes in advanced technology solutions, including printed circuit boards, mission systems, radio frequency components, and microwave and microelectronic assemblies.

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Disclosure: None. This article is originally published at Insider Monkey.