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Fly News Breaks for November 21, 2017
DY
Nov 21, 2017 | 07:07 EDT
KeyBanc analyst Tahira Afzal raised her price target for Dycom to $110 from $91 to reflect confidence around momentum in its operations after a transitory pause. The analyst believes the Q3 guidance signals a return to revenue growth and margin expansion, and likes the quality of the resumed momentum into 2018, which reflects greater customer and services diversity. She reiterates an Overweight rating on the shares.
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