Needham Maintains Buy on Fabrinet, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson maintains a Buy rating on Fabrinet (NYSE:FN) and raises the price target from $270 to $280.
August 20, 2024 | 10:32 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Alex Henderson has reiterated a Buy rating for Fabrinet and increased the price target from $270 to $280, indicating confidence in the company's future performance.
The increase in price target from $270 to $280 by Needham suggests a positive outlook for Fabrinet's stock, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100