Jabil (JBL) Tops Q1 EPS by 12c, Offers Guidance

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Go back to Jabil (JBL) Tops Q1 EPS by 12c, Offers Guidance

Jabil (JBL) PT Raised to $75 at Stifel Following EPS

December 16, 2021 1:25 PM EST

Stifel analyst Matthew Sheerin raised the price target on Jabil (NYSE: JBL) to $75.00 (from $68.00) while maintaining a Buy rating following earnings.

The analyst commented, "Jabil's 1Q'F22 sales of $8.567bn, (+8.4% y/y) beat our estimate by $282mn, driven by strong demand from several markets,... More