- Stantec Inc. (NYSE:STN) has been selected to provide design and engineering services for three K-12 district bond programs in San Antonio, Texas; Bastrop, Texas; and Caledonia, Michigan.
- These projects include facility renovations and expansions, technology upgrades, infrastructure improvements, and recreational spaces for the students of these communities, with an estimated construction cost of $260 million.
- Stantec supports schools across North America with design services, including Prince George County Public Schools in Maryland, for which the firm is providing architectural design within a project consortium.
- Price action: STN shares closed higher by 0.75% at $45.69 on Wednesday.
RBC Capital Downgrades 3M to Underperform, Lowers Price Target to $166
RBC Capital analyst Deane Dray downgrades 3M (NYSE:MMM) from Sector Perform to Underperform and lowers the price target from $199 to $166.
