Fabrinet shares are trading higher after Needham maintained a Buy rating on the stock and raised its price target from $120 to $150.
Portfolio Pulse from Benzinga Newsdesk
Fabrinet shares are trading higher after Needham maintained a Buy rating on the stock and raised its price target from $120 to $150.
June 12, 2023 | 3:29 pm
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Needham maintains Buy rating on Fabrinet and raises price target from $120 to $150, resulting in higher trading.
The news directly mentions Fabrinet (FN) and states that Needham has maintained a Buy rating on the stock while raising its price target from $120 to $150. This positive analyst rating and increased price target are likely to result in a short-term positive impact on FN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100