Needham Reiterates Buy on Fabrinet, Maintains $220 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson reiterates a Buy rating on Fabrinet (NYSE:FN) and maintains a $220 price target.

May 07, 2024 | 12:03 pm
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Needham analyst Alex Henderson reiterates a Buy rating on Fabrinet with a $220 price target.
The reiteration of a Buy rating and maintenance of a $220 price target by a reputable analyst like Alex Henderson from Needham is likely to instill confidence among investors and could positively influence Fabrinet's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100