JPMorgan lowered the firm’s price target on Fabrinet (FN) to $680 from $700 and keeps a Neutral rating on the shares. The company’s fiscal Q3 report missed a high bar due to supply constraints and program transitions, the analyst tells investors in a research note.
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Read More on FN:
- Fabrinet price target raised to $750 from $715 at Rosenblatt
- Fabrinet downgraded to Equal-Weight from Outperform at Fox Advisors
- Fabrinet price target raised to $702 from $548 at Barclays
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