Flex Ltd., headquartered in Singapore, is a global leader in technology, supply chain, and manufacturing solutions. With operations across Asia, the Americas, and Europe, Flex caters to a diverse range of industries through its Flex Agility Solutions, Flex Reliability Solutions, and Nextracker segments. The company excels in providing flexible manufacturing systems, advanced automotive technologies, health solutions, and solar tracker software solutions. Additionally, Flex offers comprehensive services including design, engineering, prototyping, and fulfillment. Originally known as Flextronics International Ltd., the company rebranded to Flex Ltd. in 2016, continuing its legacy since 1969.
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Analysts at Credit Suisse have initiated coverage on 20 companies in the beaten-down tech hardware business. More than half get bullish ratings and offer significant upside in the analysts' view.
Thursday's top analyst upgrades and downgrades included Bill.com, Block, Cardinal Health, Caterpillar, Century Aluminum, Doximity, Flex, Home Depot, Salesforce, Sea, Target, Toast, Under Armour and Ventas.
Friday's top analyst upgrades and downgrades included Amgen, Bank of New York Mellon, Block, Consolidated Edison, Dell Technologies, Exxon Mobil, Flex, GameStop, Huntsman, Lockheed Martin, PulteGroup, Snowflake, Take-Two Interactive Software, Western Union…
Friday's top analyst upgrades and downgrades included Airbnb, Aurora Cannabis, DoorDash, Dow, FedEx, Kohl’s, Macy’s, Oracle, Palantir and ViacomCBS.
Friday's top analyst upgrades and downgrades included AGCO, Caterpillar, Chewy, Clorox, Costco Wholesale, First Solar, Netflix, Snap, Starbucks and Wynn Resorts.
The Goldman Sachs analysts feel these five companies could see direct benefits from the movement of supply chains and manufacturing out of Asia, specifically China.
Companies like IBM, Amazon, Western Digital and EA all posted big moves, some far more than what was expected, in Thursday's after-hours trading session for January 30, 2020.
The top analyst upgrades, downgrades and initiations seen on Tuesday included AMD, Apple, Canopy Growth, Dell Technologies, Flex, FuelCell, IBM, MongoDB, Shopify, Tilray and Whiting Petroleum.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Allstate, CalAmp, Chubb, Costco, Esperion Therapeutics, Flex, Hartford Financial Services, Nio, Rockwell Automation and Roku.
