Stephens analyst Blake Hirschman lowered his price target on Dycom shares to $57 from $130 following the company's recent report of Q4 results and decision to move away from providing fiscal yearly guidance. While 2018 was headlined by permitting delays and changes in customer spending cadence, Hirschman said he thinks the outlook for a multi-year, 5G-related fiber spending cycle remains fully intact and that the risk/reward for Dycom shares is "highly attractive" with expectations and the stock's price reset. He keeps an Overweight rating on Dycom.