Multi-Fineline Electronix (MFLX) Tops Q1 EPS by 8c

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Needham & Company Raises PT after Multi-Fineline Electronix (MFLX) 1Q In-Line Results

May 8, 2015 7:36 AM EDT

Needham & Company maintained a Buy rating on Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), and raised their price target to $29 (from $25), following in-line revenue reports from the 1Q. MFLX reported revenue and margin results consistent with their pre-announcement on April 17th of $149.1M and 12.8%. This is... More