Shares of Sanmina Corp (Symbol: SANM) recently surpassed the average analyst 12-month target price of $84.00, trading at $85.27. Analysts now face a decision on whether to downgrade the target or adjust it higher based on the company’s fundamentals. The average target reflects input from four analysts, with individual targets ranging from $69.00 to $90.00 and a standard deviation of $10.099.
Currently, there are no strong buy or buy ratings for SANM, while three analysts maintain a hold rating. This consistent hold rating results in an average rating of 3.0 on a scale where 1 is Strong Buy and 5 is Strong Sell. Investors may need to assess whether the recent stock price justifies further investment or indicates a saturated valuation.
