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URS Corporation (URS): Share price defines bullish 'pennant' |
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| Aug 26, 2008 01:35 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Earnings reports, Analyst upgrades and downgrades, Technical Analysis, Stocks to Buy URS Corporation (NYSE: URS) provides The company pleased investors earlier in the month, when it reported Q2 EPS of 72 cents and revenues of $2.53 billion. Analysts had been looking for 60 cents and $2.45 billion. In discussing the solid quarter, the CEO pointed to the firm's success in building capabilities across such growth areas as power and government work. Management also guided FY08 EPS to $2.36-$2.48 ($2.42) and FY08 revenues to $9.8 billion ($9.75B consensus). Morgan Joseph subsequently reiterated its "buy" rating on the shares and boosted its price target to $54. Continue reading URS Corporation (URS): Share price defines bullish 'pennant' Permalink | Email this | Comments<map name="google_ad_map_145-1295492"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1295492?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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