# Fabrinet Shares Drop 9.0% After Price Target Cut

> Susquehanna slashes Fabrinet's price target by 29.4%, triggering 9.0% share decline.
- Title: Fabrinet Shares Drop 9.0% After Price Target Cut | Shortify
- Summary: Susquehanna slashes Fabrinet's price target by 29.4%, triggering 9.0% share decline. Susquehanna reduced Fabrinet's price target from $850 to $600, causing…
- Keywords: fabrinet, susquehanna, price target, shares, electronic components, Drop, Price, Target, Cut, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/why-fabrinet-is-dropping-9-0-susquehanna-maintains-positive
- Author: AlphaStreet Newsdesk
- Published: 2026-10-22T16:40:20+00:00
- Read time: 1 min
- Topics: fabrinet, susquehanna, price target, shares, electronic components
## Price Target Cut
Susquehanna slashed Fabrinet's price target by 29.4% from $850 to $600.

> susquehanna slashed its price target on the electronic components maker by 29.4%
## Share Decline
Fabrinet shares tumbled 9.0% Thursday to $324.03.

> fabrinet shares tumbled 9.0% Thursday to $324.03
## Market Reaction
Trading volume reached 132,923 shares as the stock shed nearly a tenth of its value.

> trading volume reached 132,923 shares as the stock shed nearly a tenth of its value
## Key takeaway

Susquehanna reduced Fabrinet's price target from $850 to $600, causing shares to drop 9.0% to $324.03.