Truist kept AECOM (NYSE:ACM) at Buy but trimmed its price target to $102 from $109, while the firm emerges as a likely bidder for Qatar’s Ministry of Foreign Affairs consultancy—tender extended to June 28, 2026 with an award due in September, a key catalyst for upside.
Previous Week Recap
- Truist Maintains Buy, Cuts Target: Truist kept AECOM (ACM) at Buy and cut its price target to $102 from $109, a $7 reduction — key for traders tracking potential upside and risk.
- AECOM Likely Bidder, Qatar Tender: AECOM (ACM) is a likely bidder for Qatar’s Ministry of Foreign Affairs Complex consultancy contract. Tender deadline extended to June 28, 2026; award expected September 2026.
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