Jabil Circuit is trading 5.12% up now at $353.88 after UBS upgraded it from Neutral to Buy, set a $430 target, and cited AI-driven hyperscaler demand and expanding data-center infrastructure opportunities.
- CNBC reported 2% premarket gains on August 11, 2026; broader markets were mixed.
- The move extends recent strength after a June outlook increase tied to strong AI and data-center demand.
- Confidence is medium: one major financial-news source directly supports the upgrade catalyst, while broader markets were not strongly positive.