- Emcor Group Inc (NYSE:EME) has acquired Quebe Holdings, Inc., an Dayton, Ohio-based electrical services company, for undisclosed financial terms.
- Quebe’s five Ohio-based business units consist of Chapel Electric Co., LLC; Romanoff Electric Co., LLC; Chapel-Romanoff Technologies, LLC; Kastle Electric Company; and Kastle Technologies Co., LLC.
- This acquisition strengthens EMCOR’s position in electrical construction and expands its capabilities across the state of Ohio.
- Price Action: EME shares closed at $120.50 on Thursday.
Wells Fargo Upgrades ViacomCBS to Overweight, Raises Price Target to $60
Wells Fargo analyst Steven Cahall upgrades ViacomCBS (NASDAQ:VIAC) from Equal-Weight to Overweight and raises the price target from $45 to $60.
