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

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

Needham & Company Downgrades Jabil Circuit (JBL) to Hold

September 22, 2016 8:47 AM EDT

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

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

September 22, 2016 8:19 AM EDT

RBC Capital reiterated a Sector Perform rating on Jabil Circuit (NYSE: JBL), and raised the price target to $23.00 (from $20.00), following the company's 4Q earnings report. JBL reported revenue results of $4.43B and EPS of $0.28, which was above Street expectations of $4.27B and $0.25. Management provided Nov-qtr revenue/EPS guide that was in line with... More