Raymond James Upgrades Dycom Industries to Strong Buy, Announces $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Frank Louthan has upgraded Dycom Industries (NYSE:DY) from Outperform to Strong Buy and announced a price target of $120.
October 20, 2023 | 12:25 pm
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POSITIVE IMPACT
Dycom Industries has been upgraded to Strong Buy by Raymond James with a price target of $120.
The upgrade from Outperform to Strong Buy by Raymond James indicates a positive outlook for Dycom Industries. The new price target of $120 suggests a significant upside potential. This could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100