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Fly News Breaks for June 1, 2016
GVA
Jun 1, 2016 | 09:18 EDT
Sterne Agee CRT says that, although California's spending was recently cut, the state's long-term transportation outlook has not changed. The firm expects legislators to pass a state transportation bill, and it recommends buying Granite Construction following its retreat. It keeps a $50 price target on the name.
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