Needham Maintains Buy on Fabrinet, Raises Price Target to $165
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Alex Henderson maintains a Buy rating on Fabrinet (NYSE:FN) and raises the price target from $150 to $165.
August 22, 2023 | 10:09 am
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POSITIVE IMPACT
Needham analyst maintains a Buy rating on Fabrinet and raises the price target from $150 to $165, indicating positive sentiment towards the stock.
The raised price target by Needham analyst indicates a positive outlook for Fabrinet. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100