UPDATE: Bank of America Downgrades Plexus Corp. as Potential Positives are Discounted
October 25, 2013 at 11:03 AM EDT
In a report published Friday, Bank of America analyst Wamsi Mohan downgraded the rating on Plexus Corp. (NASDAQ: PLXS ) from Neutral to Underperform, and lowered the price target from $38.00 to $36.00. In the report, Bank of America noted, “We had upgraded shares of Plexus to Neutral after the