WSP Global Inc. (WSP:CA) — Scotiabank lowered its price target to C$274.00 from C$279.00 and assigned an Outperform rating. The target change represents a 1.8% decrease. WSP provides engineering, science, advisory and infrastructure services across a wide range of markets. Looking ahead, investors will be watching whether project demand and backlog convert into profitable growth and cash flow. Utilization, project execution, acquisition integration and financing costs will be important in assessing the lower target alongside the Outperform rating.
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