HC Wainwright & Co. Reiterates Buy on Fabrinet, Maintains $28 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Matthew Caufield has reiterated a 'Buy' rating on Fabrinet (NYSE:FN) and maintained a price target of $28.
August 22, 2023 | 10:10 am
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POSITIVE IMPACT
Fabrinet's stock has been reiterated as a 'Buy' by HC Wainwright & Co. with a maintained price target of $28.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. is a positive signal for investors. The maintained price target of $28 also indicates their confidence in the stock's potential. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100