Jabil Circuits Rises on Upgrade - TheStreet

Jabil Circuits (JBL) - Get Report was up 8.8% in early trading after Credit Suisse First Boston raised its rating to strong buy from buy, but cut its 12-month price target to 52 from 70. Jabil and other contract electronics manufacturers sank Thursday after Gateway( GTW) warned it would miss estimates. But CSFB said Gateway's impact on Jabil was exaggerated. Other stocks in the sector were rebounding. Flextronics (FLEX) - Get Report was up 10.7% and Solectron( SLR) was up 5.4%.