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RBC Capital Raises Price Target on Flextronics (FLEX) Following Analyst Day
May 23, 2016 6:43 AM EDTRBC Capital reiterated an Outperform rating on Flextronics (NASDAQ: FLEX), and raised the price target to $14.00 (from $13.00), following the company's analyst day. Details from the analyst day lead RBC to think long-term operating target margins are 4.3% (previously 4.1%) based on Flex targeting mix of 45% non-tech... More
