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Fly News Breaks for November 14, 2019
JBL, FLEX, SANM, CSCO
Nov 14, 2019 | 06:13 EDT
Citi analyst Jim Suva believes Cisco Systems' (CSCO) results last night are negative to the electronics manufacturing services companies, namely Sanmina (SANM), Flex (FLEX) and Jabil (JBL). Communication equipment end demand is an incremental negative for supply chain companies, Suva tells investors in a research note. He says Cisco's guidance came in below consensus "as the company seeing broad base demand weakness."
News For CSCO;SANM;FLEX;JBL From the Last 2 Days
CSCO
Apr 20, 2021 | 09:58 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Uber (UBER) initiated with a Buy at Nomura. 2. HP Enterprise (HPE) initiated with a Buy at Jefferies. 3. TG Therapeutics (TGTX) initiated with a Neutral at Goldman Sachs. 4. Cisco (CSCO) initiated with a Hold at Deutsche Bank. 5. RingCentral (RNG) reinstated with a Buy at BofA. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.