UPDATE: Goldman Sachs Resumes Coverage on Foster Wheeler AG with Neutral on 2013 Guidance
April 08, 2013 at 09:13 AM EDT
In a report published Monday, Goldman Sachs analyst Jerry Revich resumed coverage on Foster Wheeler AG (NASDAQ: FWLT ) with a Neutral rating and $26.00 price target. In the report, Revich noted, “We see upside to 2013 guidance and consensus driven by beatable Power segment margin expectations and a strong