B. Riley Securities Maintains Neutral on Dycom Industries, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Alex Rygiel has maintained a Neutral rating on Dycom Industries (NYSE:DY) and increased the price target from $94 to $101.

November 22, 2023 | 3:32 pm
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B. Riley Securities analyst Alex Rygiel reaffirmed a Neutral rating on Dycom Industries and raised the price target to $101.
The increase in price target by B. Riley Securities suggests a positive outlook on Dycom Industries' future performance. However, the maintenance of a Neutral rating indicates that the analyst does not see significant short-term movement. The new price target may create a mild positive sentiment among investors, but the neutral stance tempers expectations for any major stock price changes.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100