Market Overview

URS Shares Move Higher For 7th Straight Trading Day

Related URS
D.A. Davidson & Co. Sees Better-Than-Expected Earnings For URS
Markets Marginally Lower In Quiet Trading Session

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.

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

 

Related Articles (URS)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters