Dycom price target raised to $295 from $250 at Wells Fargo

Wells Fargo raised the firm’s price target on Dycom (DY) to $295 from $250 and keeps an Overweight rating on the shares. A coming ramp in Fiber to the Premises and AI data center builds is supportive of accelerating top-line growth into calendar 2026 and a forecast ahead of consensus, the analyst tells investors in a research note.