AECOM JV Wins Key Role In Singapore's Next-Gen Waste Megaproject

AECOM's joint venture with Binnies and Ramboll was appointed by Singapore's National Environment Agency to deliver consultancy services for Phase 2 of the Integrated Waste Management Facility at Tuas Nexus. The stock was up 0.84% at $71.78 on Wednesday. Despite the positive contract win, AECOM shares remain down 33.72% over the past year and are trading below key moving averages, with technical indicators showing oversold conditions. Analysts maintain a Buy rating with a $110 price target.