RBC Capital lowered the firm’s price target on Jacobs (J) to $156 from $157 and keeps an Outperform rating on the shares. The company reported Q4 earnings above consensus and introduced FY26 guidance that was also ahead, the analyst tells investors in a research note. With backlog at a new record and the management pointing to supportive trends across most end-markets/regions, Jacobs remains well-positioned heading into FY26, the firm added.
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