B of A Securities Maintains Buy on Dycom Industries, Raises Price Target to $204
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Alexander Waters maintains a Buy rating on Dycom Industries and raises the price target from $198 to $204.
August 23, 2024 | 1:00 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Dycom Industries and increased the price target from $198 to $204, indicating confidence in the company's future performance.
The increase in the price target from $198 to $204 by B of A Securities suggests a positive outlook on Dycom Industries' future performance. The maintained Buy rating indicates continued confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100