Sanmina Reports Third Quarter Fiscal 2016 Results
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Needham & Company Reiterates Buy as Sanmina (SANM) Shares Sell Off; Sees Weakness as Buying Opportunity
July 27, 2016 3:37 PM EDTNeedham & Company reiterated a Buy rating and $32.00 price target on Sanmina-SCI Corp. (NASDAQ: SANM) as shares sell off following 3Q results. SANM remains a top picks in Needham's tech coverage, and analysts see the current weakness as a buying opportunity.
Analyst Sean... More
Craig-Hallum Downgrades Sanmina (SANM) to Hold
July 26, 2016 7:52 AM EDTCraig-Hallum downgraded Sanmina (NASDAQ: SANM) from Buy to Hold with a price target of $29 (unchanged).
For an analyst ratings summary and ratings history on Sanmina click here. For more ratings news on Sanmina click here.
Shares of Sanmina closed at $29.14 yesterday.
... MoreRBC Capital Reiterates Sector Perform on Sanmina (SANM) Following In-Line 3Q
July 26, 2016 7:09 AM EDTRBC Capital reiterated a Sector Perform rating and $29.00 price target on Sanmina-SCI Corp. (NASDAQ: SANM) following the company's 3Q earnings report. SANM reported revenues of $1.67B and EPS of $0.63, which was roughly in-line with consensus expectations.
Analyst Mitch Steves commented, "While Sanmina... More
Sanmina (SANM) Reports In-Line Q3 EPS
July 25, 2016 4:07 PM EDTSanmina (NASDAQ: SANM) reported Q3 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.66 billion.
"Results for the quarter were in line with our outlook. Revenue was up 3.6 percent... More
