TTM Technologies - Cloud and Data Center Boom Drives Earnings Significantly!
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Business drivers: TTM Technologies (TTM) has made a name for itself as a manufacturer of technologically advanced printed circuit boards (PCBs), RF components, microwave assemblies, and system solutions. It addresses not only promising growth markets around data and cloud center applications. TTM Technologies' expertise is also in demand for components for radar and missile defense systems, benefiting from increasing defense spending by NATO countries. On September 23, Needham reaffirmed its rating with Buy and raised the price target from...
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