Fabrinet (FN) Tops Q4 EPS by 17c; offers guidance

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Fabrinet (FN) PT Raised to $280 at Needham

August 20, 2024 6:18 AM EDT

Needham analyst Alex Henderson raised the price target on Fabrinet (NYSE: FN) to $280.00 (from $270.00) while maintaining a Buy rating.

The analyst comments "Fabrinet offered a combination of solid results, solid guidance, up-beat tone, a significant new customer win in their Systems... More

Fabrinet (FN) PT Raised to $250 at Jefferies

August 20, 2024 4:41 AM EDT

Jefferies analyst George Notter raised the price target on Fabrinet (NYSE: FN) to $250.00 (from $230.00) while maintaining a Hold rating.

The analyst comments "Were impressed with the new win at Ciena. We estimate the win over time could account for $300-500M or... More