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Fly News Breaks for December 20, 2018
IBM, SANM
Dec 20, 2018 | 07:27 EDT
Citi analyst Jim Suva downgraded Sanmina (SANM) to Neutral from Buy and lowered his price target for the shares to $26 from $35. The analyst also cut his price target for Neutral-rated IBM (IBM) to $125 from $165. The outlook for 2019 shows slowing growth across most end markets, Suva tells investors in a research note. As such, he expects tech companies to increase their M&A actions coupled with production or sourcing moves away from China.
News For SANM;IBM From the Last 2 Days
IBM
Apr 30, 2024 | 10:40 EDT
SANM
Apr 30, 2024 | 09:45 EDT
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's... To see the rest of the story go to thefly.com. See Story Here
SANM
Apr 30, 2024 | 08:21 EDT
SANM
Apr 30, 2024 | 07:27 EDT
SANM
Apr 29, 2024 | 19:00 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSSensata... To see the rest of the story go to thefly.com. See Story Here
SANM
Apr 29, 2024 | 16:03 EDT
SANM
Apr 29, 2024 | 16:02 EDT
Reports Q2 revenue $1.83B, consensus $1.86B. "Our focused execution and operating discipline yielded financial results in line with our outlook," stated Jure Sola, Chairman and CEO. "During the quarter, we started to see positive movement in some end-markets that have been notably depressed for the last few quarters. While there is still macroeconomic uncertainty, the team continues to demonstrate resilience. We remain optimistic that we will see sequential improvement as we progress through 2024."
