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Fly News Breaks for August 29, 2019
AAPL, JBL
Aug 29, 2019 | 06:04 EDT
Citi analyst Jim Suva double upgraded Jabil (JBL) to Buy and Sell and raised his price target for the shares to $36 from $27. The analyst also added the stock to his firm's U.S. Focus List. The company's customer concentration risk has played out, Suva tells investors in a research note, while pointing out the stock is below his prior price target. Apple (AAPL) is 28% of Jabil sales, and is now seeing strength in its wearables segment, says Suva. He believes Jabil will benefit from this, noting that within the company's 28% of sales to Apple, less than 10% is for Apple iPhone casing. Customer concentration concerns are fully reflected in Jabil's stock price and the negative Apple estimate revisions are behind the company with Apple soon hitting low digit positive growth in 2020, contends Suva.
News For JBL;AAPL From the Last 2 Days
AAPL
Mar 28, 2024 | 12:20 EDT
Technology Analyst Kulkarni, along with Grand Simmons, VP of Kochava, a leading mobile measurement firm, discuss how Apple's SKAdNetwork (SKAN) evolved over the past three years on an Analyst/Industry conference call to be held on March 28 at 1 pm. Webcast Link
AAPL
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here