Fabrinet (FN) Tops Q3 EPS by 3c, Q4 Guidance Tops Views

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Fabrinet's (FN) Optical Upgrade Cycle In Early Stages - Piper Jaffray

May 3, 2016 7:58 AM EDT

Piper Jaffray analyst, Troy Jensen thinks that we are in the early innings of the 100G cycle and sees further upside after Fabrinet (NYSE: FN) beat expectations across the board. No change to Overweight rating but the PT goes to $44 from $36 on 13x partially taxed... More

Needham & Company Raises Price Target on Fabrinet (FN) to $40 Following EPS Beat

May 3, 2016 6:41 AM EDT

Needham & Company reiterated a Buy rating on Fabrinet (NYSE: FN), and raised the price target to $40.00 (from $35.00), following the company's 3Q earnings report. FN reported an EPS beat at $0.56 versus the Street at $0.53. Management also noted that they are seeing strong acceleration in... More