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Barclays Initiates Coverage on Fabrinet (FN) with Equal Weight Rating and $292 Price Target

By Yahoo! Finance   |   1 month ago
Barclays Initiates Coverage on Fabrinet (FN) with Equal Weight Rating and $292 Price Target

Fabrinet (NYSE:FN) is an optical packaging company with a focus on AI data centers and global Internet infrastructure. Gartner predicts a significant increase in electricity consumption due to AI data centers. Barclays initiated coverage on Fabrinet with an Equal Weight rating and a $292 price target.

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