JP Morgan Maintains Overweight on Fabrinet, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Fabrinet (NYSE:FN) and raises the price target from $174 to $185.
November 07, 2023 | 8:00 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Fabrinet and raises the price target from $174 to $185, which could lead to a positive impact on the stock.
The raised price target by JP Morgan 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