Wells Fargo Maintains Overweight on Dycom Industries, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow maintains an Overweight rating on Dycom Industries (NYSE:DY) and raises the price target from $145 to $165.
March 12, 2024 | 2:01 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Dycom Industries and raises the price target from $145 to $165.
The increase in the price target by a reputable analyst like Eric Luebchow suggests a strong confidence in Dycom Industries' future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100