Fabrinet (FN) Tops Q1 EPS by 1c; Guides Q2 Below Expectations

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Go back to Fabrinet (FN) Tops Q1 EPS by 1c; Guides Q2 Below Expectations

Fabrinet (FN) PT, Estimates Cut at Piper Jaffray; 'Overweight' Maintained

November 4, 2014 9:04 AM EST

Piper Jaffray analyst Troy Jensen trimmed estimates and his price target on Fabrinet (NYSE: FN) to $24.00 (from $25.00) following Q1 results but maintained an Overweight rating. The analyst notes market weakness caught up to the company.

Jensen commented, "Fabrinet reported FQ1 results slightly... More