UPDATE: Stifel Raises PT on Chicago Bridge & Iron Company on Valuation
October 09, 2013 at 10:36 AM EDT
In a report published Wednesday, Stifel analyst Robert Connors reiterated a Buy rating on Chicago Bridge & Iron Company (NYSE: CBI ), and raised the price target from $69.00 to $90.00. In the report, Stifel noted, “We are increasing our target price for CBI stock from $69 to $90/sh. We