Fabrinet rises after upgrade at J.P. Morgan

2 hours ago 1
Fabrinet West headquarters in Silicon Valley

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Shares of Fabrinet (NYSE:FN) jumped about 5% on Tuesday after J.P. Morgan upgraded the stock's rating to Overweight from Neutral.

The firm also raised the price target on the stock to $345 from $318.

"We are upgrading shares of Fabrinet

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