AECOM Technology (ACM) Mentioned Cautiously at Spruce Point

August 16, 2016 1:48 PM EDT
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AECOM Technology (NYSE: ACM) was mentioned cautiously by short seller Spruce Point. The report pointed out accounting issues and suggested that the stock has 33%-45% downside.

  • AECOM Levered Up At The Top of the Oil/Gas Market To Acquire URS Corp
  • Substantial Accounting Issues Plague AECOM, Proceed With Caution
  • Terrible Risk/Reward of Owning AECOM; 33% - 45% Downside Potential
  • In Our View, True Free Cash Flow Estimated 90% Lower Than Presented By AECOM

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