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Plexus Corporation (PLXS)
by Zacks Equity ResearchOctober 28, 2011 | Comments : 0 Recommended this article: (0)
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Moreover, Plexus continues to invest in new sites and increasing headcount that may affect profitability in the near term. We maintain our Underperform rating and set a target price of $25.00.
Further, investment in Plexus is expected to generate just 10% over the next 5 years, compared to the peer group average of 11.5%. We therefore believe that downside potential exists.
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