Jabil gains after UBS lifts to 'buy' on AI-driven growth prospects

** Shares of electronics firm Jabil JBL.N were up more than 4% at $350.58 in early trading.

** UBS upgraded JBL's rating to "buy" from "neutral" and maintained its price target at $430.

** The brokerage said higher volumes and rising healthcare demand should support the company's margin expansion in FY27 and beyond.

** It added that capacity expansion and product road maps at key customers, including Amazon and Meta, support upside to AI-related revenue growth expectations.

** Eleven of 13 brokerages rate the stock "buy" or higher, while two rate it "hold"; their median price target is $445, according to data compiled by LSEG.

** Including the session's move, shares were up 53.5% year to date.