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Fly News Breaks for October 11, 2017
TPC
Oct 11, 2017 | 09:52 EDT
Seaport Global analyst assumed coverage on Tutor Perini with a Neutral rating from a Buy rating with a $31 price target. The analyst said cash collection efforts appear to be progressing slower than expected; and believes there is a risk of a shortfall to the guidance of $200MM of contract resolutions in 2017.