Argus Research Downgrades Jabil to Hold
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Jim Kelleher downgrades Jabil (NYSE:JBL) from Buy to Hold, indicating a neutral outlook on the company's stock.

March 19, 2024 | 12:38 pm
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Jabil's stock rating was downgraded from Buy to Hold by Argus Research analyst Jim Kelleher, suggesting a neutral short-term outlook.
The downgrade from Buy to Hold by a prominent analyst suggests a shift in perception towards Jabil's stock, indicating that the stock might not have significant upside potential in the short term. This neutral stance could lead to a stabilization in stock price as investors reassess their positions based on this new analysis.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100