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Stock Market & Financial Investment News

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December 18, 2013
07:08 EDTJBLJabil Circuit unlikely to cut EPS outlook further, says RBC Capital
After Jabil Circuit provided weaker than expected guidance for its February quarter, RBC Capital thinks the stock should find support around $15, and it believes the company still has several upcoming positive catalysts. The firm reduced its price target on the shares to $19 from $24 but keeps an Outperform rating on the stock.
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