Noble Capital analyst Joe Gomes raised the firm’s price target on Great Lakes Dredge (GLDD) to $17 from $14 and keeps an Outperform rating on the shares. The firm believes the company’s strong backlog should provide ongoing work and that strong operating environment will continue, providing upside potential.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GLDD: