Sanmina (SANM) was up 0.7% in late trading after Lehman Brothers analyst Lou Miscioscia cut his 12-month price target to $36 from $42.

He also revised targets and estimates for several other contract electronics manufacturers. Among them, Jabil ( JBL - Get Report) was down 2.6% after its price target was raised to $40 from $26.

SCI ( SCI) was up 1.6% after Miscioscia cut his second-quarter earnings estimate to $1.35 per share from $1.58. Solectron ( SLR) was up 3.1% after its estimate was trimmed to $1 from $1.15.

Miscioscia said trends for the companies will improve significantly in 2002, although there could be further weakness near-term.