Information Provided By:
Fly News Breaks for August 2, 2017
NKE, FLEX
Aug 2, 2017 | 07:48 EDT
UBS analyst Steven Milunovich spoke with management of Flex (FLEX), which said their relationship with Nike (NKE) is unique and transparent and both sides are committed to it. The analyst said he likes Flex for its move up the value chain, limited negative exposure to public cloud, and consistent shareholder return. The company believes it can stave off competitive pressures from Asia given its capabilities in high-mix specialized manufacturing, added Milunovich, who reiterated his Buy rating and $18 price target on Flex shares.
News For FLEX;NKE From the Last 2 Days
There are no results for your query FLEX;NKE