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Fly News Breaks for August 22, 2019
JEC
Aug 22, 2019 | 06:34 EDT
BofA/Merrill analyst Michael Feniger resumed coverage of Jacobs Engineering with a Buy rating as part of his broader research note into the E&C sector. The analyst is positive on the company's "compelling transformation" and earnings growth potential through 2020 with reduced exposure to "risky" fixed price contracts and a focus on services over construction.
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