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Rating: JBL
Neutral $23

Jabil Circuit, Inc. (NYSE: JBL) reiterated to Neutral with price target $23 by UBS

Thursday,  Dec 17, 2015  2:25 PM ET by Lynn Gilbert

UBS reiterated Jabil Circuit, Inc. (NYSE: JBL) to Neutral with price target $23. Previously, UBS rated Jabil Circuit,
Inc. (NYSE: JBL) to Neutral with price target $21 on 09/09/2015, when the stock price was valued at $19.70. Since then, Jabil Circuit, Inc.'s stock price has gained 20% as of 12/17/2015's recent price of $23.62.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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