Rosenblatt Maintains Buy on Fabrinet, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has maintained a Buy rating on Fabrinet (NYSE:FN) and increased the price target from $260 to $280.
August 20, 2024 | 11:34 am
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Rosenblatt analyst Mike Genovese has maintained a Buy rating on Fabrinet and increased the price target from $260 to $280, indicating positive sentiment and potential upside.
The increase in price target from $260 to $280 by Rosenblatt suggests a positive outlook for Fabrinet, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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