By: Benzinga
December 24, 2012 at 11:43 AM EST
UPDATE: J.P. Morgan Reiterates Neutral Rating, Raises PT on The Shaw Group
In a report published Monday, J.P. Morgan & Co. reiterated its Neutral rating on The Shaw Group (NYSE: SHAW ), and slightly raised its price target from $46.00 to $47.00. J.P. Morgan noted, “After Friday's close, SHAW reported operating EPS of $0.44, above our $0.41 estimate and the Street's $0.39
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