Stifel analyst Brian Brophy raised the firm’s price target on Everus Construction (ECG) to $88 from $83 and keeps a Buy rating on the shares. After having hosted CEO Jeff Thiede and CFO Max Marcy for investor meetings, the firm came away incrementally positive on new award cadence and “several” large projects in the pre-construction phase, the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ECG: