Rosenblatt Raises Fabrinet Price Target to $290 on…
From Financial Modeling Prep: 2025-06-12 16:00:00
Rosenblatt raised Fabrinet’s price target to $290 from $250, maintaining a Buy rating. The company is expanding expertise in high-speed optical and advanced packaging markets, with core strength in manufacturing optical components and subsystems. Transitioning to 200G-per-lane EML-based technologies will drive growth, supported by upcoming deals with NVIDIA, Ciena, and Amazon.
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