Sanmina-SCI Soars Higher On Friday, Up 13.2% (SANM, INTC)

Shares of Sanmina-SCI Corporation SANM ended the day up 13.2% at $15.10 per share. The company's share price has benefited from Raymond James upgrading the stock and from Intel Corporation (INTC) announcing spending plans that could benefit the company. Today's trading range for shares of Sanmina-SCI Corporation was between $13.24 and $15.18 per share. The consensus price target of analysts covering the company's stock is $16.00 per share. Volume of 4.1 million shares was was more than triple the daily average volume of 1.2 million shares. Sanmina-SCI Corporation (SANM) is a leading electronics contract manufacturer serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market. Sanmina-SCI provides end-to-end manufacturing solutions, delivering superior quality and support to OEMs primarily in the communications, defense and aerospace, industrial and semiconductor systems, medical, multimedia, enterprise computing and storage, automotive technology and renewable energy sectors. Read more from Benzinga's Company news.