02:45 PM EDT, 07/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target to $130 from $84, shifting to a P/E of 18x our FY 26 EPS view, above its three-year historical average on improved segment mix and strategic positioning despite maintaining our Hold rating. We up our FY 25 EPS to $5.96 from $5.89 and keep FY 26's at $7.22. The ZT Systems acquisition fundamentally transforms SANM's exposure to high-growth AI infrastructure markets, adding $5B-$6B in revenue while shifting the portfolio toward higher-margin data center solutions. Management's demonstrated ability to expand CPS margins by 320 bps to 14.7% and achieve broad-based growth across all end markets supports our conviction in sustainable margin improvement. While execution risks during integration and macroeconomic headwinds warrant our Hold stance, the enhanced scale in Communications Networks and Cloud Infrastructure justifies the premium valuation given secular tailwinds in AI spending.