Stock Rating Upgrade
The Value Trend Rating for Plexus Corp (NASDAQ: PLXS) improved in the last week from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Plexus Corp (NASDAQ: PLXS) stock increased 1.3% on 11/29/24. The shares closed at $164.40. However, trading volume in this advance was below average at 80% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.9% during the last week.
Current PriceTarget Research Rating
Plexus has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Plexus has a neutral Appreciation Score of 40 but a very high Power Rating of 90, leading to the Positive Value Trend Rating.
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