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Ahead Of The Bell: Jabil Circuit Downgrade
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JBL
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NEW YORK (AP) — Jabil Circuit Inc., whose shares have risen sharply over the past three months, drew a downgrade Tuesday from a Credit Suisse analyst.
The stock closed at $8.34 on Monday, up from a 52-week low of $3.10 set March 10.
Meanwhile, at recent investor conferences, the St. Petersburg, Fla.-based company "noted its lack of visibility and reluctance to call a demand bottom," Credit Suisse analyst William Stein told clients in a note Tuesday. ...
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