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.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MYRG:
