Dycom Industries (NYSE:DY) has received mixed ratings from analysts in the last quarter, with 3 bullish, 2 somewhat bullish, and 1 indifferent rating. Over the past 3 months, 6 analysts have set a 12-month price target for DY, with an average of $117.17, a high of $127.00, and a low of $105.00. This average price target represents a 4.22% decrease from the previous average of $122.33. Analysts determine ratings by forecasting a company's future earnings and assessing the predictability of its revenue streams.