| 2018-04-13 07:55:19|
SANM 07:55 04/13 04/13/18
Citi upgrades Sanmina to Buy on conservative sales estimates
Citi analyst Jim Suva upgraded Sanmina to Buy from Neutral with a price target of $32. The analyst believes consensus sales estimates are too conservative and that fundamental softness in recent quarters is already priced in. Suva also upgraded the Electronics Manufacturing Services sector citing strong demand.