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Stock Market & Financial Investment News

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December 11, 2013
07:39 EDTFNFabrinet likely to exceed high end of Q2 guidance, says Stifel
Stifel believes that strength in the optical communications sector will enable Fabrinet to again exceed the high end of its revenue and earnings guidance range for its quarter ended in December. The firm increased its price target on the stock to $24 from $22 and keeps a Buy rating on the shares.
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