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Fly News Breaks for May 26, 2017
DY, MTZ
May 26, 2017 | 07:16 EDT
Canaccord analyst Bobby Burleson said he sees a solid entry point for MasTec (MTZ) investors following its weakness in sympathy with Dycom (DY) shares after the latter provided soft guidance. The analyst noted MasTec's recently issue guidance builds in flat communications revenues with its growth to be driven by oil and gas. Burleson reiterated his Buy rating and $52 price target on MasTec shares.
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