Stifel raised the firm’s price target on Everus Construction (ECG) to $153 from $144 and keeps a Buy rating on the shares. After having recently hosted CEO Jeff Thiede and CFO Max Marcy to investor meetings, the firm came away remaining confident regarding the multi-year data center build opportunity, the analyst tells investors.
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Read More on ECG:
- Everus Completes First Acquisition, Expands Southeast MEP Presence
- Everus Construction acquires SE&M Constructors for $158M
- Everus Construction management to meet with Cantor Fitzgerald
- Everus Construction price target raised to $130 from $102 at DA Davidson
- Everus Construction price target raised to $115 from $97 at Cantor Fitzgerald
