MYR Group price target raised to $205 from $172 at KeyBanc

KeyBanc analyst Sangita Jain raised the firm’s price target on MYR Group (MYRG) to $205 from $172 and keeps an Overweight rating on the shares. The firm notes the shares have responded positively to the company recovering from its execution challenges into a year of positive high single digit core growth in both segments with margins within the long-term guided ranges and potential room to run higher.