Goldman Sachs GS reiterated its "buy" rating on electronic components maker Molex MOLX, saying the company should save $205 million from global cost restructuring.
Goldman thinks Molex can "comfortably deliver incremental operating profit contribution in the 30%-
40% range longer term."
Goldman has a $30 price target on Molex.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorNewsPrice TargetAnalyst RatingsElectronic Manufacturing ServicesFinancialsGoldman SachsInformation TechnologyInvestment Banking & Brokerage
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in