UBS Maintains a 'Buy' on Jabil Circuit (JBL); Raising Estimates & PT After Strong Quarter
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Price: $316.65 -1.9%
Rating Summary:
15 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
15 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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UBS maintains a 'Buy' on Jabil Circuit (NYSE: JBL) price target raised $1 to $22.
UBS analyst says, "Revise Estimates Modestly; Diversification Strategy Playing Out - We now expect FY12 Revs/EPS of $17.5b/$2.46 vs. prior estimates of $17.2b/$2.31. As JBL successfully shifts business to DMS segment despite the macro headwinds, we now expect OM expand to 4.4% from prior our prior estimate of 4.3%."
For more ratings news on Jabil Circuit click here and for the rating history of Jabil Circuit click here.
Shares of Jabil Circuit closed at $17.38 yesterday.
UBS analyst says, "Revise Estimates Modestly; Diversification Strategy Playing Out - We now expect FY12 Revs/EPS of $17.5b/$2.46 vs. prior estimates of $17.2b/$2.31. As JBL successfully shifts business to DMS segment despite the macro headwinds, we now expect OM expand to 4.4% from prior our prior estimate of 4.3%."
For more ratings news on Jabil Circuit click here and for the rating history of Jabil Circuit click here.
Shares of Jabil Circuit closed at $17.38 yesterday.
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