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KBR Inc. (KBR) Outlook Adjusted by Citi Highlighting Growth Potential in Data Center Expenditure
Yahoo Finance· 2026-02-14 06:23
Group 1 - KBR Inc. is considered one of the most undervalued mid-cap stocks, with Citi lowering its price target to $53 from $57 while maintaining a Buy rating, anticipating solid results and growth potential in data center expenditures [1][7] - KBR was awarded the FEED contract for the Coastal Bend LNG project, a natural gas liquefaction and export facility on the Texas Gulf Coast, which will utilize advanced technologies to reduce greenhouse gas emissions [2][3] - The company will lead the FEED effort for the ISBL scope and support regulatory filings with the FERC, aiming to set a new standard for low-carbon LNG production through operational efficiency and reduced carbon intensity [3] Group 2 - KBR operates through two segments: Government Solutions and Sustainable Technology Solutions, providing scientific, technology, and engineering solutions globally [4]