Fabrinet: The Rising Star in the Electronics Industry
Overview
Fabrinet, often dubbed as "Nvidia's little brother," is catching financial attention. Investment bank Jefferies projects an 8% sales growth for the fiscal year 2024, totaling $2.865 billion, and 13% growth in 2025, reaching $3.249 billion. Despite this, Jefferies analysts recommend a Hold rating with a price target of $230 for the stock.
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