DA Davidson raised the firm’s price target on NWPX Infrastructure (NWPX) to $70 from $60 and keeps a Buy rating on the shares. The company’s execution was solid in Q3 with active bidding/backlog build opportunities into Q4, the analyst tells investors in a research note. Industry consolidation seems to be more active lately, while NWPX should also be in the hunt with increasing liquidity, the firm added.
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