KeyBanc analyst Sangita Jain lowered the firm’s price target on Aecom to $94 from $105 as it right-sets the growth outlook for 2025 to be in line with the company’s 5%-8% outlook, versus its prior 8%. The firm keeps an Overweight rating on the shares as it continues to believe that Aecom is well positioned to benefit from the secular infrastructure investment trends in the U.S. and in Europe.
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