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They also issued an upgrade on their investment rating on Amec...

  1. 249 Posts.
    They also issued an upgrade on their investment rating on Amec Foster Wheeler PLC (LON:AMFW) to outperform (from neutral) and raised its price target to 725p (from 610p).

    So it appears they must have changed their view with regards to the engineering sector which would confirm Andrew Wood's comments in WOR Investor Presentation.
 
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