Zacks Investment Research upgraded shares of SHAW GROUP INC (SHAW) from UNDERPERFORM to NEUTRAL on December 25, 2012, with a target price of $47.50.
Shaw Group Inc., headquartered in Baton Rouge, La., is a diverse engineering, construction, technology, fabrication, environmental and industrial services organization. The Group is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets. The company has offices in North America, South America, Europe, the Middle East and the Asia-Pacific region. Shaw is the power sector industry leader according to Engineering News-Record's list of Top 500 Design Firms.
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