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Fly News Breaks for April 11, 2016
DY
Apr 11, 2016 | 08:03 EDT
Stephens initiated Dycom with an Overweight rating and $87 price target and added shares to the Best Ideas List. The firm's analyst believes Dycom is well positioned to benefit over multiple years as telecommunications and cable companies deploy large amounts of capital to upgrade their infrastructure to meet the increasing data demands of their customers.
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