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Jabil Circuit (JBL) Looks Good: Stock Adds 5.8% in Session
Jabil Circuit Inc. (JBL - Free Report) was a big mover last session, as the company saw its shares rise 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session after the company was upgraded to “strong buy” from “outperform” by analysts at Raymond James on Friday morning. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $17.33–$19.90 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Jabil Circuit currently carries a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
JABIL CIRCUIT Price
JABIL CIRCUIT Price | JABIL CIRCUIT Quote
A better-ranked Electric Manufacture SVS (EMS) stock is Sanmina Corporation (SANM - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is JBL going up? Or down? Predict to see what others think: Up or Down
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