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Barclays maintains overweight rating on Jabil citing growth in optical assets
Barclays analyst George Wang has reiterated an Overweight rating on Jabil (NYSE: JBL) with a price target of $184, highlighting the company's underappreciated optical assets. Jabil, which acquired Intel's transceiver manufacturing assets, is positioned to grow its optical revenues from an estimated $300M-$400M to $1B in the coming years, driven by partnerships with major customers like Meta and AWS. The company is also exploring advancements in 800G and 1.6T transceivers, potentially positioning itself as a competitor in the market.
maxlinear faces operational risks amid geopolitical tensions and trade uncertainties
Maxlinear (MXL) is facing significant risks due to geopolitical tensions and trade policy uncertainties, particularly between the U.S. and China, which could adversely impact its operations and financial performance. Increased tariffs and export controls may hinder manufacturing and distribution, while conflicts in Israel and Ukraine are causing volatility in raw material prices and transportation costs. The average stock price target for MXL is $20.83, indicating a potential upside of 38.04%.
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