Sanmina (SANM) Tops Q4 EPS by 5c

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Go back to Sanmina (SANM) Tops Q4 EPS by 5c

Needham & Company Raises Price Target on Sanmina (SANM) 4Q EPS Beat

November 2, 2016 8:37 AM EDT

Needham & Company reiterated a Buy rating on Sanmina-SCI Corp. (NASDAQ: SANM), and raised the price target to $33.00 (from $32.00), following the company's 4Q earnings report. SANM reported revenue of $1.67B, within the guidance range of $1.625-1.675B, but missed consensus of $1.71B. Non-GAAP EPS of $0.72 was... More