Market Overview

URS Shares Move Higher For 7th Straight Trading Day

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Stephens analyst Will Gabrielski on Monday said the recent uptick in URS (NYSE: URS) is likely due to speculation of potential M&A activity. He noted that a URS takeout could potentially be in the range of $55 to $90 per share.

Taking this into consideration, Gabrielski has reiterated his Overweight rating and $54 price target.

Following the comments from Gadrielski, URS shares have continued up another ~2.5 percent, making the total gain over the last seven trading days nearly 17 percent.

Latest Ratings for URS

DateFirmActionFromTo
Aug 2014Sterne AgeeDowngradesBuyNeutral
Aug 2014UBSMaintainsNeutral
Jul 2014Credit SuisseMaintainsNeutral

View More Analyst Ratings for URS
View the Latest Analyst Ratings

Posted-In: Stephens Will GabrielskiAnalyst Color Price Target Reiteration Analyst Ratings

 

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