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Fly News Breaks for August 25, 2016
DY
Aug 25, 2016 | 07:40 EDT
Dycom analyst Alex Rygiel said Dycom reported a "solid" quarter and he continues to think it is only the "early innings" of a much longer and broader telecom/cable spending cycle that will benefit the company. Rygiel raised his price target on Dycom to $121 from $115, reiterates an Outperform rating on the stock and recommends that investors buy amid the post-earnings weakness seen in the shares.
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