The Flex stock rating remained at Buy on October 3, 2023, when BofA Securities lowered its price target for Flex Ltd to $150 from $180.

Flex stock rating and target

The $30 reduction represented a 16.67% cut to BofA Securities’ previous target. The firm maintained its Buy recommendation despite the lower target.

A price target is an analyst’s assessment, not a guaranteed share price. The available information does not establish whether BofA Securities’ rating or target has changed since October 2023.

Flex’s business

Flex, whose shares trade under the ticker FLEX, is a global contract manufacturer and supply-chain solutions provider. It serves industries including automotive, healthcare and consumer electronics.

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