Jabil Posts Third Quarter Results
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Deutsche Bank Cuts Price Target on Jabil Circuit (JBL) Following 3Q Report and Guidance
June 16, 2016 10:27 AM EDTDeutsche Bank reiterated a Hold rating on Jabil Circuit (NYSE: JBL), and cut the price target to $18.00 (from $21.00), following the company's 3Q earnings report. JBL reported sales of $4.3B and EPS of $0.17, modestly above the Street at $4.2B and $0.16. 4Q guidance was well... More
Raymond James Remains Bullish on Jabil Circuit (JBL) Following 3Q
June 16, 2016 8:30 AM EDTRaymond James reiterated an Outperform rating and $21.00 price target on Jabil Circuit (NYSE: JBL) following the company's 3Q earnings report. JBL reported results relatively in-line with estimates. However, 4Q guidance was weak due in large part to a reduction in DMS forecasts.
Analyst Brian Alexander commented, "We maintain our Outperform... More
