Wells Fargo analyst Jennifer Fritzsche raised her price target for Dycom to $61 from $52 after meeting with management and coming away favoring the setup of the stock for the remainder of the year. While Dycom still continues to work on improve the economics of the large customer project, demand for its services exists from a broad range of customer segments, she contends. As the traditional wireless and wireline capex lines continue to get more blurred, the analyst remains encouraged Dycom can play a key role in the 5G infrastructure landscape. Fritzsche reiterates an Outperform rating on the shares.