Raymond James Upgrades Aecon to Outperform on Data Center Growth, Stock Rises 5.5%

According to Raymond James, the investment bank recently upgraded Aecon Group Inc. to Outperform from Market Perform, citing upside potential from a CA$1.7 billion data center power contract the company recently secured. Aecon's Toronto-listed shares rose as much as 5.5% following the rating upgrade.
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