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Credit Suisse Maintains Neutral Rating for AECOM: Here's What You Need To Know

Benzinga · 11/15/2022 12:01

Credit Suisse has decided to maintain its Neutral rating of AECOM (NYSE:ACM) and raise its price target from $81.00 to $95.00.

Shares of AECOM are trading up 2.63% over the last 24 hours, at $80.27 per share.

A move to $95.00 would account for a 18.36% increase from the current share price.

About AECOM

Aecom is one of the largest global providers of design, engineering, construction, and management services. The firm serves a broad spectrum of end markets including infrastructure, water, transportation, and energy. Based in Los Angeles, Aecom has a presence in over 150 countries and employs 51,000. The company generated $13.3 billion in sales and $701 million in adjusted operating income in fiscal 2021.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.