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Fly News Breaks for January 22, 2018
SANM
Jan 22, 2018 | 09:30 EDT
RBC Capital analyst Mitch Steves lowered his price target on Sanmina to $31 after below-consensus preliminary Q1 results. The analyst says that continued softness in the optical segment is likely behind the weakness, adding that he needs to see margin improvement to be more constructive on the stock. Steves keeps his Sector Perform rating on Sanmina.
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