Granite price target raised to $155 from $130 at DA Davidson

DA Davidson analyst Brent Thielman raised the firm’s price target on Granite (GVA) to $155 from $130 and keeps a Buy rating on the shares. The company’s book of business is growing and execution is sound despite some weather-induced headwinds in select regions and additional M&A is probable in 2026, the analyst tells investors in a research note.