Barclays Initiates Coverage On Jabil with Overweight Rating, Announces Price Target of $134
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Wang has initiated coverage on Jabil (NYSE:JBL) with an Overweight rating and a price target of $134.
September 07, 2023 | 9:57 am
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POSITIVE IMPACT
Barclays has initiated coverage on Jabil with an Overweight rating and a price target of $134, which could positively impact the stock.
Analyst ratings and price targets can significantly influence a stock's performance. Barclays' Overweight rating suggests they believe Jabil's stock will outperform the market, and the high price target of $134 indicates they expect the stock's price to rise. This could lead to increased investor interest and a potential increase in Jabil's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100