BofA raised the firm’s price target on Jabil to $150 from $135 and keeps a Buy rating on the shares. Following the Q4 earnings report and annual investor briefing, the firm notes it had expected a conservative guide for FY25 revenue and EPS and notes that guidance of $27B and $8.65 was in-line with BofA’s expectations. The firm sees opportunity for Jabil to beat guidance as the macro improves and end markets like semicap recover, the analyst tells investors.
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