The Analyst Verdict: Fabrinet In The Eyes Of 5 Experts
Portfolio Pulse from Benzinga Insights
Over the past three months, Fabrinet (NYSE:FN) has been evaluated by 5 analysts, showing a mix of bullish to bearish sentiments. The average 12-month price target for FN is now $216.4, marking a 1.44% increase from the previous target of $213.33. Analyst actions include ratings adjustments and price target changes by firms such as JP Morgan, Needham, and Northland Capital Markets. Fabrinet's financial performance is strong, with notable revenue growth, high net margin, and effective debt management, positioning it well in the Information Technology sector.

April 11, 2024 | 1:01 pm
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Fabrinet has received mixed analyst ratings but shows a positive trend in its average 12-month price target, now at $216.4. The company's strong financial performance, including revenue growth and net margin, supports a positive outlook.
The increase in the average price target and positive financial indicators such as revenue growth, net margin, and effective debt management suggest a bullish outlook for FN in the short term. Analyst ratings, despite being mixed, lean towards a positive sentiment, indicating potential stock appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100