BofA Raises Flex (FLEX) PT to $65, Amid Strong Data Center Growth and Earnings

Flex Ltd. (NASDAQ:FLEX) is one of the most promising stocks under $100. On October 8, BofA raised the firm’s price target on Flex to$ 65 from $58, while keeping a Buy rating on the shares. The company’s long-term goal is to achieve a 20% CAGR for data center revenue, and it is currently exceeding this target. BofA is raising its financial estimates for the company for this reason as well. Flex achieved record results for FQ1 2026, reporting revenues of$ 6.6 billion, which was an increase of 4% year-over-y ...