Needham & Company Reiterates a 'Buy' on Sanmina-SCI Corp. (SANM); Pillow Talk Provides Optimism
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Price: $217.03 +2.94%
Rating Summary:
5 Buy, 10 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
5 Buy, 10 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Needham & Company reiterates a 'Buy' on Sanmina-SCI Corp. (NASDAQ: SANM) price target of $11.00.
Analyst, Sean K.F. Hannan, said, "Over the past few weeks since SANM’s earnings call on 7/23, we’ve joined SANM management with investors as well as conducted follow-up calls with management and within the industry. While we acknowledge that SANM is not immune from major slowdowns in tech and that it has not had the most stellar execution record, we believe the company is truly making solid traction that is perhaps being overlooked by investors and should materialize in better results and stock performance."
For an analyst ratings summary and ratings history on Sanmina-SCI Corp. click here. For more ratings news on Sanmina-SCI Corp. click here.
Shares of Sanmina-SCI Corp. closed at $8.70 yesterday.
Analyst, Sean K.F. Hannan, said, "Over the past few weeks since SANM’s earnings call on 7/23, we’ve joined SANM management with investors as well as conducted follow-up calls with management and within the industry. While we acknowledge that SANM is not immune from major slowdowns in tech and that it has not had the most stellar execution record, we believe the company is truly making solid traction that is perhaps being overlooked by investors and should materialize in better results and stock performance."
For an analyst ratings summary and ratings history on Sanmina-SCI Corp. click here. For more ratings news on Sanmina-SCI Corp. click here.
Shares of Sanmina-SCI Corp. closed at $8.70 yesterday.
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