Fabrinet (FN) Tops Q3 EPS by 3c, Offers Q4 Guidance

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Fabrinet (FN) PT Raised to $65 at Stifel Following 3Q

May 7, 2019 8:52 AM EDT

Stifel analyst John Marchetti raised the price target on Fabrinet (NYSE: FN) to $65.00 (from $62.00) while maintaining a Buy rating following the company's 3Q report. F3Q19 revenue of $399m beat $391m estimates and consensus. EPS of $0.92 beat $0.90 estimates and consensus on the better revenue and... More

Fabrinet (FN) PT Raised to $70 at Needham & Company

May 7, 2019 6:38 AM EDT

Needham & Company analyst Alex Henderson raised the price target on Fabrinet (NYSE: FN) to $70.00 (from $68.00) while maintaining a Buy rating.

The analyst commented, "Fabrinet reported strong results with Revs, GM's, EPS and the guide solidly ahead of Street estimates. EPS of $0.91 beat our estimate by... More