Stifel Maintains Buy on MYR Group, Raises Price Target to $168
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott has maintained a Buy rating on MYR Group (NASDAQ:MYRG) and increased the price target from $144 to $168.
December 19, 2023 | 3:49 pm
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POSITIVE IMPACT
Stifel analyst Stanley Elliott reaffirmed a Buy rating on MYR Group and raised the price target to $168, indicating a positive outlook on the stock.
The increase in price target by Stifel reflects a strong vote of confidence in MYR Group's future performance. This endorsement from a reputable analyst is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100