Flex benefits from Hyperscaler contracts and S&P 500 inclusion

Flex (FLEX) could now succeed in continuing the trend for several reasons. On June 8, the announced inclusion in the S&P 500 index will provide a price momentum. Shortly before, Barclays had already raised the price target from 174 to 203 USD (Overweight). The contract manufacturer secured several multi-year contracts in the last quarter, including some from Google for the power infrastructure, thermal cooling systems, and complex hardware manufacturing. Flex also supports the production of AMD's Instinct MI355X accelerators and collaborates through...