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GVA

Granite Construction

09:25
10/11/17
10/11
09:25
10/11/17
09:25

House Transportation and Infrastructure Committee holds a hearing

The Subcommittee on Highways and Transit holds a hearing entitled, "Building a 21st Century Infrastructure for America: Highways and Transit Stakeholders' Perspectives" with James Roberts, President of Granite Construction, Peter Rogoff, CEO of Sound Transit on October 11 at 10 am. Webcast Link

  • 11

    Oct

GVA Granite Construction

06/14/17
ADAM
06/14/17
NO CHANGE
Target $70
ADAM
Buy
Granite Construction positioned for growth as spending increases, says Canaccord
Canaccord analyst Bobby Burleson said Granite Construction is well positioned for growth as he believes the volume of infrastructure projects will increase substantially over the next few years. The analyst sees increased spending plans at the state and local levels and said a Trump infrastructure plan would be incremental to an already positive story. Burleson reiterated his Buy rating and $70 price target on Granite Construction shares.
04/03/17
GSCO
04/03/17
UPGRADE
Target $61
GSCO
Buy
Granite Construction upgraded to Buy from Neutral at Goldman
Goldman Sachs analyst Jerry Revich upgraded Granite Construction to Buy saying the recovery in public construction along with California infrastructure investment should drive higher margins. The analyst's price target of $61 represents 22% upside from current levels.
03/30/17
COWN
03/30/17
NO CHANGE
Target $70
COWN
Outperform
California bill could return momentum to Granite Construction, says Cowen
Cowen analyst Joseph Giordano noted that California governor Jerry Brown and legislative leaders in the state have set a deadline of April 6 to pass transportation funding bill that could bring a roughly tripling of the budget increase to Caltrans, the CA DOT, which is Granite Construction's largest customer. Granite shares rallied post-election, but have since reversed back even though more than $200B in local transportation measures have been passed on the West Coast and a California bill is poised to be passed, noted Giordano, who thinks clarity in California could restore some momentum for the stock. He keeps an Outperform rating and $70 price target on Granite Construction shares.
01/10/17
ADAM
01/10/17
INITIATION
Target $70
ADAM
Buy
Granite Construction initiated with a Buy at Canaccord
Canaccord analyst Bobby Burleson initiated Granite Construction with a Buy citing a strong transportation infrastructure backdrop driven by funding growth and better visibility, which should increase bidding opportunities. Burleson feels a premium is warranted by stronger growth expectations and has a $70 price target on Granite Construction shares.

TODAY'S FREE FLY STORIES

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HLI

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  • 24

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GEO

Geo Group

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  • 14

    Dec

DBVT

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  • 06

    Nov

KALV

KalVista

$11.26

1.99 (21.47%)

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DBV Technologies

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1.99 (21.47%)

DBVT

DBV Technologies

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IPCI

Intellipharmaceutics

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DBVT

DBV Technologies

$48.07

0.92 (1.95%)

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WFC

Wells Fargo

$54.92

1.17 (2.18%)

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Regulator criticizes Wells Fargo over deceptive auto insurance program, NYT says »

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  • 22

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ALIM

Alimera Sciences

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SYMC

Symantec

$32.66

0.33 (1.02%)

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  • 01

    Nov

EBMT

Eagle Bancorp

$19.55

0.15 (0.77%)

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KALV

KalVista

$11.26

1.99 (21.47%)

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JAGX

Jaguar Health

$0.19

0.002 (1.08%)

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TSLA

Tesla

$345.10

-6.71 (-1.91%)

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  • 01

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SNV

Synovus

$47.30

0.54 (1.15%)

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  • 03

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GTXI

GTx

$7.92

0.1 (1.28%)

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ASB

Associated Banc-Corp

$25.90

1.3 (5.28%)

, BKMU

BankMutual

$10.80

0.55 (5.37%)

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$25.90

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BKMU

BankMutual

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0.55 (5.37%)

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  • 24

    Oct

CNXR

Connecture

$0.49

-0.01 (-2.00%)

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GE

General Electric

$23.83

0.25 (1.06%)

, PG

Procter & Gamble

$88.25

-3.34 (-3.65%)

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GE

General Electric

$23.83

0.25 (1.06%)

PG

Procter & Gamble

$88.25

-3.34 (-3.65%)

CELG

Celgene

$121.33

-14.63 (-10.76%)

SNCR

Synchronoss

$11.39

-0.12 (-1.04%)

IL

Bought by SNCR

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$33.99

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PYPL

PayPal

$70.97

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NCR Corp.

$33.05

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LHO

LaSalle Hotel

$28.52

-1.94 (-6.37%)

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  • 20

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16:30
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MKL

Markel

$1,078.23

14.88 (1.40%)

, SNC

State National

$21.05

0.02 (0.10%)

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$1,078.23

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SNC

State National

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  • 24

    Oct

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RYTM

Rhythm Pharmaceuticals

$23.08

-0.17 (-0.73%)

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