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Fly News Breaks for May 21, 2015
FN
May 21, 2015 | 07:33 EDT
After meeting with Fabrinet’s Chief Strategy Officer, Stifel is more upbeat about the company's ability to drive growth through opportunities in both its optical and non-optical businesses. The firm now views its above-consensus estimates for the company as "very achievable and perhaps conservative." It keeps a $23 price target and Buy rating on the shares.
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