AI Manufacturing Stock Rises Above Key Level On Analyst 'Buy' Rating

Analyst upgraded Jabil (JBL) to buy from neutral and raised estimates, citing the contract manufacturer's "multiyear growth cycle." The stock climbed back above its 50-day moving average. UBS analysts led by David Vogt now expect revenue in the fiscal year ending August 2027 to increase about 20% to $42.140 billion. They pegged fiscal 2028 revenue at $47.307 billion. The new…