♔ The Trade Off
Wells Fargo Remains a Hold on KBR (KBR)
Wells Fargo analyst maintained a Hold rating on KBR today and set a price target of $45.00.
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In addition to Wells Fargo, KBR also received a Hold from TipRanks – xAI’s xAi Engineering and Construction in a report issued on February 28. However, on February 27, Oppenheimer maintained a Buy rating on KBR (NYSE: KBR).
Based on KBR’s latest earnings release for the quarter ending January 2, the company reported a quarterly revenue of $1.85 billion and a net profit of $113 million. In comparison, last year the company earned a revenue of $2.12 billion and had a net profit of $76 million
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