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Fly News Breaks for November 21, 2018
JEC
Nov 21, 2018 | 08:20 EDT
Baird analyst Andrew Wittmann said he recently moderated his conviction in Johnson Engineering shares as the stock approached his target. Macroeconomic factors aside, he believes the shares offer better than average risk/reward for an industrial, citing its balance sheet and less cyclical markets. Wittmann reiterated his Outperform rating and lowered his price target to $80 from $84 on Jacobs Engineering shares.
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