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Fly News Breaks for February 27, 2019
DY
Feb 27, 2019 | 11:05 EDT
B. Riley FBR analyst Alex Rygiel upgraded Dycom Industries to Buy from Neutral while lowering his price target for the shares to $60 from $84. While the company's Q4 results are disappointing, the "bad news is now in the stock," Rygiel tells investors in a research note. Dycom shares are down 29%, or $18.13, to $43.87 in late morning trading.
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