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Fly News Breaks for July 19, 2019
KBR
Jul 19, 2019 | 07:43 EDT
As reported previously, Cowen analyst Gautam Khanna upgraded KBR to Outperform from Market Perform. The analyst cited abating overhangs, strong sales, an extreme sum-of-the-parts discount, and improving balance sheet flexibility. Khanna raised his price target to $31 from $23 on KBR shares.