MYR Group downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc analyst Sangita Jain downgraded MYR Group (MYRG) to Sector Weight from Overweight without a price target The firm cites valuation for the downgrade with the shares close to its prior price target MYR has come a long way from the project execution challenges from a year ago, but the shares are fairly valued at current levels, the analyst tells investors in a research note.