DA Davidson Starts Michael Baker (BKR) at Neutral; Established, But Modest Upside As Prospects Priced In
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Price: $26.27 +1.04%
Rating Summary:
0 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
0 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade BKR Now!
DA Davidson initiates coverage on Michael Baker (NYSE: BKR) with a Neutral. PT $29.00.
Analyst, John B. Rogers, said, "Michael Baker is among the largest providers of engineering services for public and private customers in the U.S., with a particular focus on transportation infrastructure and program management to public agencies...The completion of several acquisitions of complementary private engineering firms over the past few years has generated double-digit revenue growth within a relatively weak market environment...share price appears to reflect the near-term earnings prospects and relative risks."
For an analyst ratings summary and ratings history on Michael Baker click here. For more ratings news on Michael Baker click here.
Shares of Michael Baker closed at $26.09 yesterday, with a 52 week range of $17.30-$27.43.
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Analyst, John B. Rogers, said, "Michael Baker is among the largest providers of engineering services for public and private customers in the U.S., with a particular focus on transportation infrastructure and program management to public agencies...The completion of several acquisitions of complementary private engineering firms over the past few years has generated double-digit revenue growth within a relatively weak market environment...share price appears to reflect the near-term earnings prospects and relative risks."
For an analyst ratings summary and ratings history on Michael Baker click here. For more ratings news on Michael Baker click here.
Shares of Michael Baker closed at $26.09 yesterday, with a 52 week range of $17.30-$27.43.
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