Jabil Circuit is trading 5% higher at $327.58 today. This significant price movement is primarily driven by: * News that Akamai Technologies and Jabil entered into a new build request under their existing services agreement for customized server hardware production and repair support. * Bank of America raising its price target on Jabil to $475 from $470 and maintaining a Buy rating ahead of the company’s fiscal fourth-quarter results, scheduled for September 30.