Fabrinet (FN) Reports Q3 EPS of $0.34

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Go back to Fabrinet (FN) Reports Q3 EPS of $0.34

Needham & Company Downgrades Fabrinet (FN) to Hold

May 6, 2014 6:16 AM EDT

Needham & Company downgraded Fabrinet (NYSE: FN) from Buy to Hold following in-line Q3 results but soft guidance.

Analyst Alex Henderson said, "With Fabrinet within $1 of our Target Price and with some erosion in the visibility to growth, we are lowering... More