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STRL

Sterling Construction

$8.38

0.11 (1.33%)

08:54
10/17/16
10/17
08:54
10/17/16
08:54

Sterling Construction downgraded on valuation at DA Davidson

As noted earlier, DA Davidson downgraded Sterling Construction to Neutral from Buy. Analyst John Rogers downgraded the stock based on valuation. Target remains $9.

STRL Sterling Construction
$8.38

0.11 (1.33%)

05/03/16
BWSF
05/03/16
DOWNGRADE
Target $6
BWSF
Hold
Sterling Construction downgraded to Hold from Buy at BWS Financial
BWS Financial analyst Vahid Khorsand downgrade Sterling Construction to Hold saying the 4.5M share offering will likely limit the upside for the next few months. Sterling is "replacing expensive debt with expensive stock at an inopportune time," Khorsand tells investors in a research note. The analyst has a $6 price target for the shares.
05/09/16
DADA
05/09/16
UPGRADE
DADA
Buy
Sterling Construction upgraded to Buy from Neutral at DA Davidson
DA Davidson believes that Sterling's execution has improved, while demand for its products has rebounded, leaving its earnings poised to rise significantly over the next several years. The firm says that the recent decline in the stock has created a buying opportunity. Target $10.
09/12/16
DADA
09/12/16
NO CHANGE
DADA
Sterling Construction price target raised to $9 from $7 at DA Davidson
DA Davidson raised its price target on Sterling citing "increased bid opportunities" for the company stemming from increased federal spending on and support for infrastructure development. The firm keeps a Buy rating on the shares.
10/17/16
DADA
10/17/16
DOWNGRADE
DADA
Neutral
Sterling Construction downgraded to Neutral from Buy at DA Davidson

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