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Despite share sales, Jabil Inc.'s earnings and revenue beat estimates, earning a "strong-buy" rating.
Institutional investor Bessemer Group Inc. reduced its Jabil, Inc. stake by 36,141 shares, while another investor, Perpetual Ltd, increased its holdings.
Despite this, Jabil's earnings per share of $2.55 and revenue of $7.83 billion exceeded analysts' expectations.
The stock, with a "Buy" rating and a target price of $213.57, has seen insiders selling shares recently, yet Wall Street Zen upgraded it to a "strong-buy" with a higher target price of $230.00.
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A pesar de las ventas de acciones, las ganancias e ingresos de Jabil Inc. superaron las estimaciones, obteniendo una calificación de "compra fuerte".