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Jabil Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Jabil will report Q2 results on March 20, showing earnings of $1.83 per share. 2. Revenue is projected at $6.4 billion, down from $6.77 billion last year. 3. Jabil shares rose 2.9%, closing at $139.48 on Wednesday. 4. Goldman Sachs upgraded price target from $160 to $179; maintains Buy rating. 5. Strategic collaboration with Apptronik to develop humanoid robots announced.

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FAQ

Why Bullish?

Analysts maintain positive ratings with increased price targets, indicating confidence in Jabil's growth potential. Historical data shows market typically reacts favorably to strong earnings forecasts and partnerships.

How important is it?

Earnings report and analyst upgrades significantly influence investor sentiment and share price. Noteworthy collaborations may also attract new investors.

Why Short Term?

Upcoming earnings report creates immediate interest, often leading to price changes. Short-term price effects are common ahead of earnings announcements.

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