Fabrinet Announces Second Quarter Fiscal-Year 2017 Financial Results
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Fabrinet (FN) PT Raised to $52 at Stifel Following Beat and Raise
February 7, 2017 9:36 AM ESTStifel raised its price target on Fabrinet (NYSE: FN) to $52.00 (from $50.00) while maintaining a Buy rating. Fabrinet reported revenue of $351.2 million, above the consensus estimate of $335.1 million and above the high-end of managements guidance of $332-$336 million. Pro forma EPS of $0.91 came in above consensus... More
Fabrinet (FN) PT Raised to $58 at Piper Jaffray Following Strong Results
February 7, 2017 8:22 AM ESTPiper Jaffray analyst Troy Jensen reiterates Overweight rating and increases price target on Fabrinet (NYSE: FN) to $58 (from $55), noting second quarter fiscal results beat consensus estimates on revenues, margins and EPS, while guiding higher than expected.
Jensen comments, We have become incrementally more... More
