Jacobs Engineering attractive after pullback, says Sterne Agee After Jacobs Engineering reported 1H results that Sterne Agee views as disappointing, the firm remains confident in the company's fundamentals and its ability to accelerate its EPS growth. The firm recommends that investors looking to exploit the upcoming energy/infrastructure cycle add to their positions in the name. It keeps an $80 price target and Buy rating on the stock.
News For JEC From The Last 14 Days
Check below for free stories on JEC the last two weeks.
Jacobs receives project services contract from BP Jacobs (JEC) announced that it was awarded a contract with BP (BP) to provide engineering, design and procurement services for the Coker Heater Replacement Project at its Cherry Point Refinery in Blaine, Washington. Company officials did not disclose the contract value.