Research Alert: CFRA Maintains Hold Opinion On Shares Of Sanmina Corporation
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CFRA maintains a hold opinion on Sanmina Corporation shares, raising the 12-month target price by $87 to $250. FY 26 EPS estimate increased by $1.16 to $11.23, and FY 27's by $1.28 to $12.95. The company reported strong revenue growth in the Communication Networks & Cloud AI Infrastructure segment, driven by demand in accelerated compute and storage. Positive momentum is expected in Industrial & Energy markets, with a focus on future growth supported by a diversified customer base and global manufacturing capabilities.
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