Truist analyst Jamie Cook raised the firm’s price target on Aecom (ACM) to $148 from $146 and keeps a Buy rating on the shares after its Analyst Day presentation. The company’s event was highlighted by three major developments: the unveiling of its AI-driven transformation, the introduction of new long-term financial targets, and the announcement that its Construction Management business is under strategic review, the analyst tells investors in a research note.
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