Wells Fargo Maintains Overweight on Dycom Industries, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Overweight rating on Dycom Industries (NYSE:DY) and raised the price target from $115 to $120.
August 24, 2023 | 2:26 pm
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Dycom Industries' price target has been raised from $115 to $120 by Wells Fargo, which maintains an Overweight rating on the stock.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
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