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Fly News Breaks for June 14, 2017
GVA
Jun 14, 2017 | 07:38 EDT
Canaccord analyst Bobby Burleson said Granite Construction is well positioned for growth as he believes the volume of infrastructure projects will increase substantially over the next few years. The analyst sees increased spending plans at the state and local levels and said a Trump infrastructure plan would be incremental to an already positive story. Burleson reiterated his Buy rating and $70 price target on Granite Construction shares.
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