Aecom Technology (ACM) Reports In-Line Q4 EPS, Guides 2013

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UBS Says AECOM (ACM) Decline Disproportionate to Guidance Miss

November 14, 2012 12:41 PM EST

UBS maintained a Buy rating on AECOM Technology (NYSE: ACM) but trimmed its price target to $23.00 (from $25.00).

Commenting on Aecom's recent guidance miss, analyst said "Weakness in ACM stock appears disproportionate to guidance miss (5%)."

"Already prudent guidance assumes a... More