Plexus and U.S.R. Electronic Systems in strategic partnership Plexus announced it has entered into a strategic agreement with U.S.R. Electronic Systems Headquartered in Karmiel, Israel. USR will partner with Plexus to support the needs of Plexus' customers requiring manufacturing and engineering solutions within Israel.Plexus will broaden services to USR's customer base, providing Product Realization solutions in locations in which USR does not currently operate, including the North American, European and Asia-Pacific regions.
Plexus upgraded to Strong Buy at Needham As previously reported, Needham upgraded Plexus to Strong Buy from Buy, as it believes the company is the best positioned EMS name entering 2015. The firm has a $47 price target on the shares.