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Fly News Breaks for November 21, 2017
DY
Nov 21, 2017 | 06:43 EDT
Deutsche Bank analyst Chad Dillard raised his price target for Dycom to $115 saying it is becoming "increasingly clear" following yesterday's Q1 results that the inflection in fiber spending will materialize in 2018. The analyst sees "several forward indicators" that point to a significant ramp in fiber spending activity. He keeps a Buy rating on shares of Dycom.
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