Analyst Ratings for Fabrinet
Portfolio Pulse from Benzinga Insights
In the last quarter, Fabrinet (NYSE:FN) received 3 bullish and 2 somewhat bullish analyst ratings. The company has an average 12-month price target of $133, representing an 8.48% decrease from the previous average of $145.33.
June 12, 2023 | 12:07 pm
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Fabrinet received positive analyst ratings in the last quarter, with an average 12-month price target of $133, down 8.48% from the previous average.
The positive analyst ratings indicate a bullish sentiment towards Fabrinet's stock. However, the decrease in the average 12-month price target suggests a potential slowdown in growth. This could lead to a short-term increase in the stock price, but with a lower growth expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100