Orion Group initiated with a Buy at Texas Capital

Texas Capital initiated coverage of Orion Group (ORN) with a Buy rating and $9 price target Orion is a leader in marine construction and commercial concrete services across the U.S., Canada and Caribbean, the analyst tells investors in a research note. The firm says the company’s transformation has driven revenue growth and margin expansion. Orion is well positioned to execute on its growth initiatives, contends Texas Capital.