Stifel Maintains Buy on MYR Group, Lowers Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Brophy maintains a Buy rating on MYR Group (NASDAQ:MYRG) but lowers the price target from $172 to $119.
August 05, 2024 | 1:23 pm
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Stifel analyst Brian Brophy maintains a Buy rating on MYR Group but lowers the price target from $172 to $119.
The lowered price target from $172 to $119 suggests a more cautious outlook on MYR Group's future performance, which could negatively impact investor sentiment in the short term despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100