KBR seen rising with energy prices (Investor's Business Daily)

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Investor's Business Daily - The provider of engineering and construction services jumped 4.7% to 30.90 after it was upgraded by BB&T, which said rising commodity prices, especially for oil and gas, will boost demand for KBR's services. BB&T expects energy firms to boost spending as oil and natural gas prices climb. It set a price target of $37. KBR's revenue took a hit after the U.S. sued it in April for alleged overcharging, but BB&T says KBR would likely see profit margins increase by focusing on the private sector.

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