Flextronics (FLEX) Tops Q2 EPS by 1c

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Flextronics (FLEX) PT Raised to $20 at Stifel on 2Q18 Earnings Report; 'Transformation Continues'

October 27, 2017 7:57 AM EDT

Stifel raised its price target on Flextronics (NASDAQ: FLEX) to $20.00 (from $19.00) while maintaining a Buy rating, following the company's second quarter 2018 earnings report.

Analyst Matthew Sheerin notes a positive outlook on the shares, commenting that "FLEX reported revenue ahead of our estimate on strength... More