BofA/Merrill Lynch Assumes Jacobs Engineering (JEC) at Neutral

BofA/Merrill Lynch assumes coverage on Jacobs Engineering (NYSE: JEC) with a Neutral rating and a price target of $42.00.

Analyst Anna Kaminskaya said the relationship-based low-risk business model is unique in the E&C space and provides stability.

For an analyst ratings summary and ratings history on Jacobs Engineering click here. For more ratings news on Jacobs Engineering click here.

Shares of Jacobs Engineering closed at $39.58 yesterday.

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