Fly News Breaks for April 7, 2015
SANM, FLEX, VSH, ST, TEL, APH, AVX
Apr 7, 2015 | 06:31 EDT
Within the Electronic Components & Equipment space, Citigroup expects AVX (AVX) to miss Q1 expectations and Amphenol (APH), TE Connectivity (TEL), Sensata (ST) and Vishay (VSH) to guide lower due to unfavorable currency moves. Citi expects Flextronics (FLEX) and Sanmina (SNAM) to top Q1 expectations. The firm continues to favor the connector and sensor stocks and has Buy ratings on TE Connectivity, Amphenol and Sensata. It recommends buying those names on any short-term pullbacks.
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