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MYR Group price target raised to $310 from $295 at Clear Street

Clear Street raised the firm’s price target on MYR Group (MYRG) to $310 from $295 and keeps a Buy rating on the shares after the company reported Q4 results exceeding the firm’s forecasts. The firm’s increased price target reflects an improved backlog, overall T&D tailwinds and mounting datacenter prospects, the analyst tells investors.

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