JP Morgan Initiates Coverage On Primoris Services with Overweight Rating, Announces Price Target of $71
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has initiated coverage on Primoris Services with an Overweight rating and set a price target of $71.
October 07, 2024 | 1:48 pm
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JP Morgan has initiated coverage on Primoris Services with an Overweight rating and a price target of $71, indicating a positive outlook.
The Overweight rating and a price target of $71 from a major financial institution like JP Morgan suggest a positive outlook for Primoris Services. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100