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MYR Group price target raised to $350 from $310 at Clear Street

Clear Street raised the firm’s price target on MYR Group (MYRG) to $350 from $310 and keeps a Buy rating on the shares. Ahead of the company’s March quarter report scheduled on April 29, the firm hikes its 2027 adjusted EBITDA estimate by 5% to reflect rising utilization of its fleet equipment, the analyst tells investors.

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