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AtkinsRealis price target lowered to C$120 from C$130 at JPMorgan

JPMorgan lowered the firm’s price target on AtkinsRealis (SNCAF) to C$120 from C$130 and keeps an Overweight rating on the shares. The firm updated models in the North American small-cap industrials sector. The group is “undergoing a strategic rebalance, driven by evolving market dynamics and sector-specific growth opportunities,” the analyst tells investors in a research note.

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