Piper Sandler Sees Over 40% Upside Potential for Construction and Infrastructure Service Povider Primoris Services After the Share Price Drop.

The stock of Primoris Services (PRIM) appears technically troubled like many stocks currently. The provider of infrastructure solutions had reported a record year in 2024 and should actually benefit from the expansion of transmission lines and substations. The company has also established itself as a significant provider of construction and infrastructure services for data centers. The growing demand for data storage and processing, particularly driven by AI and machine learning, is boosting the demand for high-performance infrastructure. This...