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Fly News Breaks for March 2, 2018
USCR
Mar 2, 2018 | 07:37 EDT
DA Davidson analyst Brent Thielman lowered his price target on U.S. Concrete to $98 after the company's "noisy" Q4 earnings that showed a miss in EPS and EBITDA driven by sales deferrals from adverse weather conditions. The analyst keeps his Buy rating on U.S. Concrete, saying its "concentrated ready-mix platform strategy and its advantages with suppliers and barriers to entry are underappreciated by the market".
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