Information Provided By:
Fly News Breaks for January 23, 2018
SANM
Jan 23, 2018 | 08:59 EDT
Needham analyst Sean Hannan lowered his price target on Sanmina to $33, saying the company's "ugly" Q1 preliminary result is the continuation of prior challenges. Hannan also cites a "slowness in new ramps, some cancellations, and tighter materials supply". The analyst notes that he still expects the aggregate ramp schedule to remain strong in the second half of 2018 and calls most issues "transitory", keeping his Buy rating on Sanmina.
News For SANM From the Last 2 Days
There are no results for your query SANM