Baird Maintains Outperform on Jacobs Solutions, Lowers Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann maintains an Outperform rating on Jacobs Solutions (NYSE:J) but lowers the price target from $168 to $163.

May 08, 2024 | 11:27 am
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Baird maintains an Outperform rating on Jacobs Solutions but lowers the price target from $168 to $163.
The adjustment in price target by Baird reflects a slight change in valuation expectation for Jacobs Solutions, though the Outperform rating indicates continued confidence in the company's performance. This could lead to mixed reactions in the short term, as the market digests the lower price target against the backdrop of sustained positive analyst sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100