KBR shares rise on report activist investor Irenic has built stake
** Shares of KBR Inc KBR.N up 5.1% at $58 premarket after WSJ reports activist investor Irenic Capital Management has built a stake in the government contractor
** Report says Irenic plans to push KBR, which delivers science and technology solutions to governments and companies, to separate its segment that serves the private sector
** Adds Irenic has accumulated a more than 1% stake in the company and plans to push management to spin off or sell its sustainable technology solutions segment
** Eight of nine brokerages rate the stock "buy" or higher, one "hold"; their median PT is $78
** Up to Wednesday's close, stock had fallen 1.3% YTD
Reporting by Kannaki Deka
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