UPDATE: Goldman Sachs Resumes Jacobs Engineering Group with Neutral on Upside Potential
In a report published Monday, Goldman Sachs analyst Jerry Revich resumed coverage on Jacobs Engineering Group (NYSE: JEC) with a Neutral rating and $60.00 price target.
In the report, Revich noted, “While we are constructive on what we believe to be JEC's low risk business model that supports consistent cash generation and growth via bolt-on M&A, we see balanced risk-reward around consensus estimates.”
Jacobs Engineering Group closed on Friday at $53.35.
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