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Fly News Breaks for April 11, 2017
NVEE
Apr 11, 2017 | 08:35 EDT
Roth Capital analyst Jeff Martin notes that the California legislature passed SB-1, a transportation spending bill that funds a $52B budget spanning 10 years, primarily for the state highway system and local streets and road system. With California as a key market for NV5 Global, the analyst believes the funding bill provides a tailwind for organic growth for the company. He reiterates a Buy rating and $43 price target on the shares.
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