Jabil Circuit downgraded to Sell from Neutral at Citigroup Citigroup downgraded Jabil Circuit to Sell citing a lack of earnings visibility after the company announced a significantly weaker than expected earnings outlook. Citi lowered its price target for shares to $14 from $24.
News For JBL From The Last 14 Days
Check below for free stories on JBL the last two weeks.
Jabil Circuit downgraded at RBC Capital As noted earlier, RBC Capital downgraded Jabil Circuit (JBL) to Sector Perform from Outperform. As reasons for the downgrade, the firm cited concerns about Jabil circuit's largest customer, Apple (AAPL), as well as its belief that Jabil's FY15 guidance appears to reflect a best-case scenario. Target to $20 from $21.