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Jacobs price target raised to $166 from $147.47 at Citi

Citi raised the firm’s price target on Jacobs (J) to $166 from $147.47 and keeps a Buy rating on the shares. The firm believes most engineering and construction companies are positioned to meet or beat Q2 consensus estimates. Citi sees “healthy” demand trends and regulatory stabilization following the One Big Beautiful Bill. It upped price targets across the group into the Q2 reports.

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