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Goldman Sachs Reiterates Buy Rating on Jabil (JBL)
September 30, 2024 5:42 AM EDTGoldman Sachs analyst Mark Delaney reiterated a Buy rating and $136.00 price target on Jabil (NYSE: JBL).
The analyst comments "JBL reported 4QFY24 revenue/non-GAAP EPS (ex. SBC) of $7.0 bn/$2.30, which was 6% above/$0.08 above the Street (FactSet) at $6.6 bn/$2.22. Jabil guided FY25 revenue/EBIT/core EPS to ~$27 bn/5.4%/$8.65, compared... More
Jabil (JBL) PT Raised to $150 at BofA Securities
September 27, 2024 5:59 AM EDTBofA Securities analyst Ruplu Bhattacharya raised the price target on Jabil (NYSE: JBL) to $150.00 (from $135.00) while maintaining a Buy rating.
The analyst comments "What we liked from JBLs 4Q earnings and annual investor briefing: 1) we had expected a conservative guide for... More
Bernstein SocGen Group Reiterates Outperform Rating on Micron Technology (MU)
September 27, 2024 5:52 AM EDTBernstein SocGen Group analyst Mark Li reiterated an Outperform rating and $140.00 price target on Micron Technology (NASDAQ: MU).
The analyst comments "Near-term pricing/margins are above our expectation & surely better than feared. FQ4 results were solid & FQ1 revenue guide beat by ~5%. Though many expected an ASP drop, the guided 10-15% QoQ revenue growth implies an ASP increase, as bit shipment was guided to be some growth for DRAM & flattish for NAND QoQ. Besides pricing, mix improvement from more... More
