Jacobs Engineering (JEC) Tops Q1 EPS by 5c

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Jacobs Engineering (JEC) PT Lowered to $61 at Jefferies; Reiterates Hold

February 9, 2017 7:31 AM EST

Jefferies lowered its price target on Jacobs Engineering (NYSE: JEC) to $61.00 (from $64.00) while maintaining a Hold rating. JEC reported adjusted F1Q17 EPS of $0.68, which was ahead of the consensus of $0.63. The company reiterated F2017 adjusted EPS guidance of $3.00-3.30, 2H... More