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Dycom Industries, Inc. 12.9% Potential Upside Now Implied by FBR Capital

Dycom Industries, Inc. using SYMBOL/TICKER code NYSE:DY has had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at FBR Capital. Dycom Industries, Inc. are listed in the Basic Industries sector within NYSE. FBR Capital have set their target price at 100 USD on its stock. This is indicating the analyst believes there is a potential upside of 12.9% from the opening price of 88.58 USD.

Dycom Industries, Inc. NYSE:DY has a 50 day moving average of 79.94 USD and the 200 Day Moving Average price is recorded at 63.14 USD. The 1 year high share price is 90.82 USD while the 52 week low for the share price is 27.82 USD. Over the last 30 and 90 trading days the company share price has increased 13.69 points and increased 19.67 points respectively. There are currently 32,708,313 shares in issue with the average daily volume traded being 790,219. Market capitalisation for NYSE:DY is $2,890,760,613.00 USD.

 

Dycom Industries, Inc. is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities.

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