Raymond James Downgrades Sanmina-SCI (SANM) to Underperform

April 23, 2009 12:51 PM EDT

Raymond James downgrades Sanmina-SCI (Nasdaq: SANM) from Market Perform to Underperform.

The downgrades follows Sanmina's Q2 earnings report, which was released yesterday after the market closed. As the tech company issued Q3 guidance that was well below the Street's estimates, shares of Sanmina-SCI have fallen more than 14% today. The stock most recently traded at $0.47.

To see all the analyst calls on Sanmina, click here or goto http://www.streetinsider.com/stock_lookup_news.php?q=sanm&type=analyst.

Sanmina-SCI Corporation provides integrated electronics manufacturing services worldwide.


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