Fabrinet (FN) Tops Q4 EPS by 1c; Issues Q1 Outlook
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Piper Jaffray Raises Price Target on Fabrinet (FN) Following 2Q Earnings Results
August 18, 2015 9:23 AM EDTPiper Jaffray reiterated an Overweight rating on Fabrinet (NYSE: FN), and raised the price target to $26.00 (from $25.00), following the company's 4Q15 earnings results. Revenue of $206.5M was ~$8.8M ahead of consensus ($197.7M) and well above the midpoint of managements guidance ($195-199M). Non-GAAP EPS of $0.40 was slightly above... More
