NWPX Infrastructure price target raised to $80 from $50 at Northland

Northland analyst Ted Jackson raised the firm’s price target on NWPX Infrastructure (NWPX) to $80 from $50 and keeps a Market Perform rating on the shares. The firm has revised its forecast “sharply higher, but not enough to revise our rating,” says the analyst, who adds that “in hindsight, we clearly lowered our rating on the company too soon.”