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Steven Fisher repeats at No. 3. The UBS analyst is “well versed on sector drivers and quick to respond to news and special requests,” according to one grateful client. Fisher, who covers 14 companies, reiterated his buy rating on Shaw Group in October 2011 after disappointing quarterly results caused the stock to dip to $23.26. His bullish stand was based partly on a share-buyback program and two new nuclear projects. In July, when Chicago Bridge & Iron Co. of Texas announced plans to acquire the Baton Rouge, Louisiana–based engineer for more than $3 billion, the stock shot up to $41.49, prompting Fisher to issue a valuation-based downgrade to neutral. By late August it had barely moved, ending that month at $42.08. The acquisition is expected to be completed early next year. RUNNER(S)-UP Scott Levine J.P. Morgan |
Capital Goods/Industrials - Engineering & Construction: Third