KBR, Inc. (NYSE:
KBR) reported a mixed 2Q, but remains positive with its EPS of $0.66 vs. Pritchard's estimate of $0.58.
The slightly higher margins and low share count may drive 2011 EPS estimates to $2.00 over $1.95, according to Pritchard, and therefore its "buy" rating is reiterated and the price target is at $28.
KBR, Inc. closed yesterday at $22.15.
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