Granite Construction: Rising US Infrastructure Spending Fuels Strong Outlook!
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Analyst Praise: Stephens & Co. initiates coverage of Granite Construction with an "Overweight" rating and a price target of $180. Major Contract: A new award for the West Davis Corridor expansion in Utah secures a stable project volume of $116.9 million. Earnings Visibility: The growing order volume ensures long-term utilization and strengthens the company's pricing power. The construction company Granite Construction operates as one of the leading service providers in the field of civil infrastructure in the USA. Its range of services...
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