First Trust Advisors LP,
1832 Asset Management L.P,
Tower Research Capital LLC TRC,
Rafferty Asset Management LLC, and
CIBC Asset Management Inc have substantially boosted their stake in
Jabil Inc. (NYSE:JBL), showcasing significant confidence from major institutional investors. Despite Jabil's recent
revised FY24 Guidance and its decision to
withdraw FY25 view, finance analysts continue to remain bullish on Jabil's investment prospects. Recent stock acquisitions by
TD Asset Management Inc. and HSBC Holdings PLC reaffirm this positive sentiment. However,
CEO Kenneth Wilson's recent leave due to investigations has jostled the stock market confidence, affecting Jabil's earnings outlook. Continued earnings growth, despite stumbling blockades, affirm Jabil's persistence and resilience. The stock price demonstrated
noteworthy volatility, with multiple ups and downs, but managed to garner attention for its potential value. In the long run, Wall Street analysts still recommend Jabil as a good investment despite
revenue uncertainties, indicating an optimistic investment climate.
Jabil Stocks JBL News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 15:59:12 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3