Johnson Rice Downgrades Jacobs Engineering (JEC) to Equalweight

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Go back to Johnson Rice Downgrades Jacobs Engineering (JEC) to Equalweight

FBR Capital Downgrades Jacobs Engineering (JEC) to Market Perform on Valuation

July 31, 2013 6:53 AM EDT

FBR Capital downgraded Jacobs Engineering (NYSE: JEC) from Outperform to Market Perform but raised its price target from $58 to $63 citing valuation.

The firm notes JEC stock has appreciated 36% since the beginning of this year versus 18% for the S&P 500.

They would again reconsider... More

Jacobs Engineering Group, Inc. (JEC) Misses Q3 EPS by 2c; Reaffirms Outlook

July 30, 2013 7:49 AM EDT

Jacobs Engineering Group, Inc. (NYSE: JEC) reported Q3 EPS of $0.83, $0.02 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $3.08 billion versus the consensus estimate of $2.98 billion.

Jacobs Engineering Group, Inc. sees FY2013 EPS of $3.00-$3.50, versus the consensus of... More