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Re: pack10 post# 658

Thursday, 04/28/2016 1:20:01 PM

Thursday, April 28, 2016 1:20:01 PM

Post# of 674
This helps with my concerns

JPMorgan initiated coverage of Flextronics International Ltd. (NASDAQ: FLEX) with an Overweight rating and $15 price target, saying the company's strategy to shift to higher margin businesses would increase market share and margin expansion.

The initiation note comes as Flextronics is set to report its fourth-quarter results on April 28. The Street expects earnings of $0.28 a share on revenue of $5.80 billion.

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