Sanmina's Fair Value Estimate Unchanged, Analysts Adjust Assumptions and Price Targets

Sanmina's (SANM) fair value estimate remains unchanged at $197.50, despite analysts adjusting their price targets and assumptions. BofA and Argus have raised their targets to $190 and $220, respectively, reflecting growing confidence in the company's execution and earnings profile. However, any execution slip or softening of end-market demand could pressure these valuation frameworks.