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Fly News Breaks for July 24, 2017
ACM
Jul 24, 2017 | 06:19 EDT
Credit Suisse analyst Jamie Cook downgraded Aecom to Neutral and lowered its price target to $37 from $44 due to valuation and full expectations, and said the restructuring story has played out. Cook said the Trump infrastructure story has been pushed out and the Street is given Aecom full credit for its longer-term earnings growth goal of 10%, which provides little room for upside.
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