Jefferies Lifts ACS to Buy, Doubles Price Target on Data-Centre Pipeline
Jefferies has upgraded ACS Actividades de Construccion y Servicios SA from Hold to Buy and more than doubled its price target to EUR116.00 from EUR53.10, pointing to clearer upside from the company's data center pipeline and US Express Lane development projects. The move follows strong share performance and favourable financial health metrics, whil…