Flex Ltd is trading 4.6% up now at $145.93, rebounding from recent weakness as investors react to strong fiscal Q4 results and strategic AI-focused initiatives.
- Momentum is driven by the announced separation of the Cloud and Power Infrastructure business, aimed at capitalizing on surging AI data-center demand.
- Upbeat forward guidance and a series of bullish analyst price target hikes are contributing to a positive re-rating of the shares.