Optical Demand Improving, Fabrinet (FN) PT Rises To $52 At Piper Jaffray
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Fabrinet (FN) PT Raised to $52 at B.Riley/FBR Following 4Q
August 21, 2018 9:42 AM EDTB.Riley/FBR analyst Dave Kang raised the price target on Fabrinet (NYSE: FN) to $52.00 (from $50.00) while maintaining a Buy rating following the company's 4Q. FN reported F4Q sales/EPS of $345.3MM/$0.81, above consensus estimates of $338M in sales and $0.75 in EPS.... More
Needham & Company Downgrades Fabrinet (FN) to Buy But Lifts PT
August 21, 2018 7:10 AM EDTNeedham & Company analyst Alex Henderson downgraded Fabrinet (NYSE: FN) from Strong Buy to Buy with a price target of $55.00 (from $45.00).
Henderson commented, " FN handily exceeded the high end of guidance and offered FY1Q targets solidly above the street consensus. Fabrinet saw strong... More
