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Jabil price target raised to $262 from $255 at BofA

BofA raised the firm’s price target on Jabil (JBL) to $262 from $255 and keeps a Buy rating on the shares ahead of the company reporting fiscal Q1 before market open on Wednesday, December 17. If Jabil’s “beat and raise were to fall below investor expectations,” the firm would view any pullback as “a particularly attractive buying opportunity,” the analyst tells investors in a preview.

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