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Fly News Breaks for February 19, 2016
DY
Feb 19, 2016 | 07:50 EDT
Stifel expects Dycom to report higher than expected Q2 EPS, and the firm thinks the company will provide strong Q3 and Q4 guidance. It believes that the company will deliver strong results and backlog growth over the next few quarters, causing investor sentiment towards the name to improve. Stifel keeps a $100 price target and Buy rating on the name.
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