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Enter Symbol:
 
Flextronics International Ltd. (FLEX) [hlAlert]

Rating:
Buy FLEX
down 11.58 %

Flextronics International Ltd. (FLEX) rated Buy with price target $14 by Needham

Posted on: Tuesday,  Oct 20, 2015  8:25 AM ET by Needham

Needham rated Buy Flextronics International Ltd. (NASDAQ: FLEX) on 10/20/2015, when the stock price was $12.00. Since
then, Flextronics International Ltd. has lost 11.58% as of 10/20/2015's recent price of $10.61.
If you would have followed this Needham's recommendation on FLEX, you would have lost 11.58% of your investment in 0 days.

Flextronics International Limited (Flextronics) is a global provider of vertically-integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). As of March 31, 2009, Flextronics total manufacturing capacity was approximately 27.2 million square feet. It helps customers design, build, ship and service electronics products through a network of facilities in 30 countries. During the fiscal year ended March 31, 2009 (fiscal 2009), its sales in Asia, the Americas and Europe represented 49%, 33% and 18% of its total net sales, respectively, based on the location of the manufacturing site. The services provided by the Company includes printed circuit board and flexible circuit fabrication, systems assembly and manufacturing, logistics, after-sales services, design and engineering services, original design manufacturing (ODM) services, and components design and manufacturing.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/20/2015 8:25 AM Buy
None
12.00 14.00
as of 8/27/2015
1 Week down  -3.89 %
1 Month down  -12.16 %
3 Months down  -15.25 %
1 YTD up  36.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2014 12:00 AM Buy
None
10.04
1/28/2010 9:25 AM Buy
None
6.89 8.00
7/30/2009 8:25 AM Hold
None
4.63
1/29/2009 11:25 AM Buy
None
2.67 3.50
11/19/2008 9:25 AM Buy
None
2.68 5.00
10/24/2008 10:25 AM Buy
None
3.67 17.00

(*) Stock Price at the time of the recommendation.
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