Aecom price target raised to $110 from $102 at Argus

Argus analyst John Staszak raised the firm’s price target on Aecom to $110 from $102 and keeps a Buy rating on the shares. The firm cites the company’s Q2 earnings beat while noting that growing demand for environmental, road and water projects should provide its Design & Consulting Service with a stable source of revenue, the analyst tells investors in a research note.