Babcock & Wilcox (BW) Hits 7-Year High on 70% Price Target Upgrade, Strong Earnings

Babcock & Wilcox Enterprises Inc. (NYSE:BW) is one of the 10 Stocks That Made Millionaires Today. Babcock & Wilcox soared to a new seven-year high on Tuesday, as investors digested its strong earnings performance last year, with net losses shrinking by 39 percent, while taking path from an investment firm’s 70-percent price target for its stock. In intra-day trading, Babcock & Wilcox Enterprises Inc. (NYSE:BW) soared to its highest price of $14.93 before paring a few cents to finish the session just up b ...