UBS Maintains a 'Buy' on Jabil Circuit (JBL); Near-term Caution, Positive on 2H

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UBS maintains a 'Buy' on Jabil Circuit (NYSE: JBL) price target of $29.00.

Analyst, Amitabh Passi, said her and her firm are cautious on the stock near-term, but are positive on the second half of 2012.

Jabil Circuit, Inc. (Jabil) is a provider of worldwide electronic manufacturing services and solutions. The Company provides electronics design, production, product management and aftermarket services to companies in the aerospace, automotive, computing, consumer, defense, industrial, instrumentation, medical, networking, peripherals, solar, storage and telecommunications industries.

Shares are up $0.07 to $18.70 (+0.38%) this morning.

For an analyst ratings summary and ratings history on Jabil Circuit click here. For more ratings news on Jabil Circuit click here.

Shares of Jabil Circuit closed at $18.63 yesterday, with a 52 week range of $13.94-$27.40.

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