Fabrinet (FN) Tops Q2 EPS by 4c, Q3 Guidance Tops Views
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Fabrinet (FN) Growth Accelerating on Optical Upgrades - PiperJaffray
February 2, 2016 8:36 AM ESTPiper Jaffray analyst, Troy Jensen, thinks that the theme of growth in optical communications (driven by 100G Datacom and telecom upgrades) is showing signs of significant acceleration after Fabrinet's (NYSE: FN) earnings results. No change to Overweight rating but the price target increases to $33 from $29.
Fabrinet reported an outstanding quarter with revenues, margins and EPS all coming in above consensus estimates,... More
Needham & Company Raises Price Target on Fabrinet (FN) to $32 Post 4Q Beat and Raise
February 2, 2016 6:53 AM ESTNeedham & Company reiterated a Buy rating on Fabrinet (NYSE: FN), and raised the price target to $32.00 (from $28.00), following the company's 4Q earnings report. Overall Revenues came in up 24% as Reported and 29% excluding One-Time Consignment Revenues in the year-ago period. For the March quarter, Fabrinet... More
