DA Davidson raised the firm’s price target on Everus Construction (ECG) to $102 from $88 and keeps a Neutral rating on the shares. The company has reported very strong organic growth, which continued through Q3, the analyst tells investors in a research note. The firm adds it suspects the business pipeline is very good, even though the backlog was relatively flat.
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Read More on ECG:
- Everus Construction price target raised to $105 from $90 at Oppenheimer
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