Jacobs Solutions (NYSE:J) Stock Price Expected to Rise, UBS Group Analyst Says

UBS Group has raised its price target for Jacobs Solutions (NYSE:J) from $156 to $167, maintaining a "buy" rating with a potential upside of 13.39%. This comes as Jacobs Solutions reported strong quarterly earnings, beating analyst estimates with an EPS of $1.84 and revenue of $2.42 billion, an 8.3% increase year-over-year. Despite mixed analyst sentiment, institutional investors hold a significant stake in the company, and insider activity shows recent stock acquisitions by the CEO and a director.