Kansas City Capital upgraded MYR Group (MYRG) to Outperform from Perform with a $143 price target MYR remains well positioned to support the energy transition and the increasing demand for electricity, though the share price has declined about 25% from December 2024 highs, notes the analyst, who sees 16% upside potential given the improved profitably seen in Q4 and expectations for 2025.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MYRG: