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The Storm Rolls In: UBS Downgrades KBR On Cloudy Earnings Visibility
Tuesday, May 6, 2014 - 9:02am | 238In a report published Tuesday, UBS analyst Steven Fisher downgraded KBR (NYSE: KBR) from Buy to Neutral and lowered the price target from $33.00 to $26.00 due to cloudy earnings visibility through 2014. Fisher presented some near-term concerns with KBR, including the CEO replacement, Stuart Bradie...