Singular Research Reiterates Ecology and Environment Buy, $27 PT

Singular Research reiterated its Ecology and Environment EEI Buy rating and $27 price target in a research report published today. In the report, Singular Research states, "EEI reported Q3:11 EPS of $0.34, which was $0.05 above our estimate. Sales of $41.4 million were $2.8 million below our view, while contracts receivable were strong at $57.0 million." Shares of Ecology and Environment closed today at $16.50, 0.66% below Monday's market close.