Information Provided By:
Fly News Breaks for May 16, 2016
CBI
May 16, 2016 | 08:39 EDT
As previously reported, Johnson Rice upgraded Chicago Bridge & Iron to Buy from Accumulate, as the firm believes the valuation gap between the stock and those of its peers should narrow as investors gain confidence in CB&I's cash generation and declining debt levels. Analyst Martin Malloy, who thinks CB&I can potentially book large refinery, petrochemical and LNG awards over the next year, raised his price target on the stock to $60 from $50.
News For CBI From the Last 2 Days
There are no results for your query CBI