RBC Capital Raises Price Target on Jabil Circuit (JBL) Following 4Q Beat

Needham & Company Downgrades Jabil Circuit (JBL) to Hold

Needham & Company downgraded Jabil Circuit (NYSE: JBL) from Buy to Hold, saying F17 is unlikely to be a robust year.

Analyst Sean K.F. Hannan commented, ": As we indicated in our 9/20 preview note, we were cautious heading into JBL's earnings call as... More

Wall Street extends Fed-fueled rally; Nasdaq hits new high

By Lewis Krauskopf

(Reuters) - U.S. stocks climbed on Thursday, with big tech names leading broad gains, building on strength from a day earlier that was fueled by the Federal Reserve's decision to stand pat on interest rates.

The S&P 500 tallied its best two-day performance in more than two months, while the Nasdaq closed at a record high.

Fed Chair Janet Yellen said on Wednesday that U.S. growth was looking stronger and rate increases would be needed to keep the economy from overheating and fuelling high inflation. But the central bank maintained the... More

After-Hours Stock Movers 09/21: (OCRX) (NVAX) (RHT) Higher; (MLHR) (JBL) (ALOG) Lower (more...)

Today's After-Hours Movers

Ocera Therapeutics, Inc. (NASDAQ: OCRX) 24.2% HIGHER; announced completion of enrollment in STOP-ALF, a Phase 2a clinical trial to evaluate the Safety and Tolerability of Ornithine Phenylacetate in patients with Acute Liver Failure. The study was conducted by the Acute Liver Failure Study Group, an NIH-sponsored network of university tertiary care liver transplant sites, with support and supply of study medication from Ocera.

Herman Miller (NASDAQ: MLHR) 11% LOWER; reported Q1 EPS of $0.60, $0.02 worse than the analyst... More

Jabil Circuit (JBL) Tops Q4 EPS by 3c; Plans Restructuring

Jabil Circuit (NYSE: JBL) reported Q4 EPS of $0.28, $0.03 better than the analyst estimate of $0.25. Revenue for the quarter came in at $4.43 billion versus the consensus estimate of $4.27 billion.

Restructuring Alignment Plan

In addition, Jabil announced its intention to realign the Companys... More

UPDATE: UBS Raises Jabil Circuit (JBL) to 'Buy' Ahead of Q4 Results

(Updated - September 21, 2016 9:09 AM EDT)

UBS upgraded Jabil Circuit (NYSE: JBL) from Neutral to Buy with a price target of $27. Analyst Steven Milunovich sees an inflection in cash flow, and he highlighted better near-term iPhone results and "more aggressive telling of its story by management."

Notable, Jabil reports Q4 results after the market close today, and it will hold an analyst and investor meeting in St. Petersburg, Florida, on September 27, 2016.

Milunovich explained his upgrade, "We have been bullish on the makeover that EMS companies are going through with customer... More

Trading Radar for 9/21: General Mills (GIS), CarMax (KMX), Red Hat (RHT), Jabil (JBL), Analogic (ALOG) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

CarMax (NYSE: KMX) - consensus EPS $0.88
General Mills (NYSE: GIS) - consensus EPS... More

Goldman Sachs Upgrades Jabil Circuit (JBL) to Neutral

Goldman Sachs upgraded Jabil Circuit (NYSE: JBL) from Sell to Neutral with a price target of $21.00 (from $16.00).

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 $23.14 yesterday.

Jabil Circuit (JBL): Cautious On 2017 Guidance - Needham

Needham & Company analyst, Sean Hannan, reiterated his Buy rating on shares of Jabil Circuit (NYSE: JBL) but is cautious going into JBL's F4Q report. Shares of JBL have recovered in recent weeks as the iPhone 7 launch is underway and news of initial orders... More