Barclays Maintains Overweight on Jabil, Raises Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Wang maintains an Overweight rating on Jabil (NYSE:JBL) and raises the price target from $135 to $157.
September 27, 2024 | 2:34 pm
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Barclays analyst George Wang has increased the price target for Jabil from $135 to $157 while maintaining an Overweight rating, indicating a positive outlook for the stock.
The increase in price target from $135 to $157 by Barclays, along with the maintained Overweight rating, suggests a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in Jabil's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100