Jabil to Present at Upcoming Investor Conferences

Businesswire16:15 ET

Citi: Downgrades BYD Electronics' Target Price to HKD 38.9, maintaining an 'outperform' rating.

Citi released a Research Report stating that BYD Electronics (00285) experienced only a 2% year-on-year growth in Net income for the first quarter of the 2025 fiscal year, mainly due to a slowdown in demand for its high-profit Metal casing Business compared to the high baseline of last year. The rating for BYD Electronics is maintained at "outperform", with the Target Price adjusted down from 51.2 HKD to 38.9 HKD. The company's management expects a quarterly increase in Metal casing revenue in the second quarter and remains optimistic for this year, driven by strong growth in the Autos Business and improved profitability in relation to Jabil. The impact of tariffs is expected to be limited due to overseas production.

Sina Hong Kong StocksApr 29 03:46 ET

Is Jabil Inc. (NYSE:JBL) A High Quality Stock To Own?

Simply Wall StApr 28 10:59 ET

Express News | Shares of Companies Within the Broader Technology Sector Are Trading Higher Amid Overall Market Strength After President Trump Said He Had No Intention of Firing Fed Chair Powell. Additionally, Trump Indicated the Final Tariff Rate Would Be Less Than...

BenzingaApr 23 13:40 ET

China Tariffs 'Won't Be Anywhere Near' 145%: Trump

Barron'sApr 22 22:24 ET

Jabil Appoints Sujatha Chandrasekaran to Board

TipRanksApr 22 16:33 ET