B of A Securities Maintains Buy on Dycom Industries, Raises Price Target to $198
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on Dycom Industries (NYSE:DY) and raised the price target from $160 to $198, indicating a positive outlook for the company's stock.
May 29, 2024 | 11:40 am
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B of A Securities has maintained its Buy rating on Dycom Industries and raised the price target from $160 to $198, suggesting a positive outlook for the stock.
The raised price target from $160 to $198 by B of A Securities indicates increased confidence in Dycom Industries' future performance. This is likely to positively impact the stock price in the short term as investors react to the upgraded target.
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