Baird Maintains Outperform on MYR Group, Lowers Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Justin Hauke maintains an Outperform rating on MYR Group (NASDAQ:MYRG) but lowers the price target from $170 to $143.
August 01, 2024 | 12:07 pm
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Baird analyst Justin Hauke maintains an Outperform rating on MYR Group but lowers the price target from $170 to $143.
The Outperform rating suggests continued confidence in MYR Group's performance, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100