Headquartered in Austin, TX·Fiscal year ends March·NASDAQ: FLEX·flex.com
About Flex
Flex Ltd (NASDAQ: FLEX) is a global manufacturing partner that helps brands design, build, and manage products across a wide range of industries. Operating in 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is focused on accelerating data center deployment by addressing power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions. The company operates a Cloud and Power Infrastructure segment which is planned to be spun off into a separate publicly traded company. Flex was recently added to the S&P 500 index. Updated
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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 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.