Market Overview

UPDATE: Deutsche Bank Downgrades Flextronics on Cautious Market Expectations

Share:
Related FLEX
Flex's Earnings Outlook
Earnings Scheduled For January 25, 2018
Tracking Larry Robbins' Glenview Capital Management Portfolio - Q4 2017 Update (Seeking Alpha)

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
Jan 2018Stifel NicolausMaintainsBuyBuy
Nov 2017ArgusMaintainsBuy
Oct 2017CitigroupMaintainsBuy

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!