Bank of America Securities Remains a Buy on Aecom Technology (ACM)
In a report released today, Michael Feniger from Bank of America Securities maintained a Buy rating on Aecom Technology, with a price target of $117.00.
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Feniger covers the Industrials sector, focusing on stocks such as Caterpillar, CNH Industrial, and Agco. According to TipRanks, Feniger has an average return of 11.6% and a 65.08% success rate on recommended stocks.
In addition to Bank of America Securities, Aecom Technology also received a Buy from KeyBanc’s Sangita Jain in a report issued on January 7. However, yesterday, TipRanks – xAI reiterated a Hold rating on Aecom Technology (NYSE: ACM).
Based on Aecom Technology’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.18 billion and a net profit of $120.37 million. In comparison, last year the company earned a revenue of $4.11 billion and had a net profit of $172.55 million
Read More on ACM:
Disclaimer & DisclosureReport an Issue
- Aecom price target lowered to $115 from $144 at KeyBanc
- The Week That Was, The Week Ahead: Macro and Markets, Jan. 4
- Aecom chosen as preferred bidder for Scottish Water’s new Enterprise Alliance
- Aecom downgraded to Equal Weight from Overweight at Barclays
- Aecom price target lowered to $126 from $148 at Truist
