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Fly News Breaks for May 8, 2017
TPC
May 8, 2017 | 07:15 EDT
Canaccord analyst Bobby Burleson said the recent weakness in Tutor Perini following Q1 results has presented a buying opportunity. The analyst feels any balance sheet concerns have abated, adding that the company's improving backlog and its bid pipeline for higher margin civil projects makes he share attractive. Burleson reiterated his Buy rating and $35 price target on Tutor Perini shares.
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