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Fly News Breaks for December 2, 2016
NVEE
Dec 2, 2016 | 08:32 EDT
Roth Capital analyst Jeff Martin says the acquisition of The Hanna Group strengthens NV5 Global's infrastructure presence in California, and notes that the former's capabilities in program management are additive to the latter. The analyst believes The Hanna Group has significant growth potential, both from the project pipeline as well as increased capacity with the resource capability of NV5 Global, in addition to the potential to expand the business into southern California. He reiterates a Buy rating and $37 price target on NV5 Global's shares.
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