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Rating: JBL

Jabil Circuit, Inc. (NYSE: JBL) downgraded to Hold by Stifel

Wednesday,  Dec 9, 2015  8:25 AM ET by Lynn Gilbert

Stifel downgraded Jabil Circuit, Inc. (NYSE: JBL) to Hold. Previously, Stifel
rated Jabil Circuit, Inc. (NYSE: JBL) to Buy with price target $24 on 12/18/2013, when the stock price was valued at $15.58.

Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions. It offers electronics and mechanical design, production, product management, and after-market solutions. The company operates in three divisions: Consumer Electronics, Electronic Manufacturing Services (EMS), and After-Market Services. The Consumer Electronics division offers cell phones and mobile products, televisions, set-top boxes, as well as peripheral products, such as printers. The EMS division produces networking, computing, storage, and telecommunications products, as well as serves the automotive, medical, industrial, instrumentation, defense, and aerospace sectors. The After-Market Services division provides warranty and repair services to various manufacturing customers, and to other customers. Jabil Circuit operates in Austria, Belgium, Brazil, China, England, France, Germany, Hungary, India, Ireland, Italy, Japan, Malaysia, Mexico, the Netherlands, Poland, Scotland, Singapore, Taiwan, Ukraine, Vietnam, and the United States. The company was founded in 1966 and is headquartered in St. Petersburg, Florida.


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