KeyBanc raised the firm’s price target on MYR Group (MYRG) to $211 from $205 and keeps an Overweight rating on the shares. The firm notes the company reported a strong quarter, with EPS beating consensus, and generating the previously indicated mid-to-high-single-digit core revenue growth in both segments in the first half of 2025, with decent project bookings momentum in both segments. Shares have responded favorably to improved execution and a lower-risk MSA-driven project profile.
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