Market Overview

UPDATE: Deutsche Bank Downgrades Flextronics on Cautious Market Expectations

Share:
Related FLEX
JPMorgan On Flextronics: Brains And Brawn, Initiates At Overweight
Flextronics Hires John Carlson As President For Flex Medical Solutions

In a report published on Wednesday, Deutsche Bank analyst Sherri Scribner Downgraded the Rating on Flextronics (NASDAQ: FLEX) from Buy to Hold and maintained a price target of $8.

In the report, Deutsche Bank noted, "While we had been optimistic on a back-half recovery in the telecom and networking end markets, we are becoming more cautious and now expect a relatively muted C2H-13."

Flextronics closed on Wednesday at $7.35.

Latest Ratings for FLEX

DateFirmActionFromTo
Apr 2016JP MorganInitiates Coverage onOverweight
Jan 2016Stifel NicolausUpgradesHoldBuy
Jan 2016Raymond JamesUpgradesMarket PerformStrong Buy

View More Analyst Ratings for FLEX
View the Latest Analyst Ratings

Posted-In: Deutsche Bank Flextronics NASDAQ Sherri ScribnerAnalyst Color Downgrades Analyst Ratings

 

Related Articles (FLEX)

View Comments and Join the Discussion!