Sterne Agee Initiates Coverage on CBI, FLR, FWLT, GVA, JEC, KBR, NOA, URS

Sterne Agee has initiated coverage on the following companies: Chicago Bridge and Iron Company - CBI Buy - Target: $52 Fluor Corporation - FLR Buy - Target: $65 Foster Wheeler AG - FWLT Neutral - Target: $NA Granite Construction, Inc. - GVA Underperform - Target: $25 Jacobs Engineering Group, Inc. - JEC Buy - Target: $53 KBR, Inc. - KBR Neutral - Target: $NA North American Energy Partners - NOA Target: $9 URS Corporation - URS Buy - Target: $45)