
Barclays Reaffirms Their Hold Rating on Fabrinet (FN)
Barclays analyst Tim Long maintains a Hold rating on Fabrinet with a price target of $499.00. The general analyst consensus suggests a Moderate Buy rating with a $481.50 average price target. Long, who covers the Technology sector, has an average return of 16.3% and a 64.69% success rate on recommended stocks.
In a report released today, Tim Long from Barclays maintained a Hold rating on Fabrinet, with a price target of $499.00.
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Long covers the Technology sector, focusing on stocks such as Apple, Ciena, and Fabrinet. According to TipRanks, Long has an average return of 16.3% and a 64.69% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fabrinet with a $481.50 average price target.
