Aecom price target raised to $112.50 from $106.50 at BofA

BofA analyst Michael Feniger raised the firm’s price target on Aecom (ACM) to $112.50 from $106.50 and keeps a Buy rating on the shares. Aecom raised the low end of its fiscal year guidance, signaling confidence on delivering the bottom line, says the analyst, who raised estimates post a “solid” fiscal Q2.