Sanmina Corp (NASDAQ: SANM) stock suffered a major decline of -14.3% on 11/7/23. The shares closed at $45.24. The stock has performed in line with the market over the last nine months and has declined -10.1% during the last week.
Current PriceTarget Research Rating
SANM is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sanmina has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Sanmina has a neutral Appreciation Score of 60 and a slightly positive Power Rating of 61, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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