BMO Capital resumed coverage of WSP Global (WSPOF) with an Outperform rating and a price target of C$338, up from C$335, after coming off research restriction following the equity raise to support the acquisition of TRC Companies. The acquisition of TRC positions WSP as the largest engineering consultancy in the U.S. and will boost its leading position in transportation & infrastructure, property & buildings and environmental end-markets, says the analyst, who reiterates WSP as a top idea.
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